Anthropic weighs fundraising for near $1 trillion valuation, FT reports

May ‌8 (Reuters) - ​Anthropic ​is weighing ‌raising tens of ⁠billions of ‌dollars this summer ‌to fund a ​major expansion in ⁠computing capacity, a ​move that could lift its ​valuation ‌to nearly $1 trillion ⁠and put it ⁠ahead of rival ​OpenAI, the Financial Times reported ‌on Friday.

(Reporting by ‌Shivani ⁠Tanna in ‌Bengaluru; ​Editing by Nivedita ‌Bhattacharjee)

You May Also Be Interested In

• Australia, US to boost defence ties as China's Pacific influence grows
• IMF's Georgieva says rising bond yields threaten progress on developing country debt
• US judge bars EPA effort to send California vehicle emissions rules to Congress