Anthropic Plans $850 Million Annual Revenue, Challenging OpenAI
Anthropic PBC aims to achieve an annualized revenue of $850 million by the end of 2024, a significant increase from their prediction three months ago. Backed by Amazon and Google, their Claude 2 model challenges ChatGPT and can handle 100,000 tokens. The company secured $750 million in funding, led by Menlo Ventures, with a valuation expected to reach $15 billion. The competition in the generative AI field is fierce, and Anthropic is demonstrating rapid growth, with projections indicating annualized revenue by the end of 2024.
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