Anthropic Raising $10b At $350b Valuation - WSJ

Anthropic Raising $10b At $350b Valuation - WSJ

• "Anthropic, the developer of the chatbot Claude, plans to raise $10 billion at a valuation of $350 billion before the new investment, according to people familiar with the matter, nearly doubling its valuation from four months ago. GIC, Singapore’s sovereign-wealth fund, and Coatue Management plan to lead the new financing, the people said. The funding round, the third megadeal in the past year, follows a $13 billion investment in September that valued the company at $183 billion. The round is expected to close in the coming weeks. The total amount of the deal could change."

You May Also Be Interested In

• First Advantage to join S&P SmallCap 600, replacing Kennedy-Wilson
• Weatherford redomestication proposals fail to reach required threshold
• Graphic Packaging elects Larry Venturelli as board chairman