Anthropic Increases Funding Target to $20 Billion Amid Rising Investor Interest
Anthropic, known for its advanced AI platform Claude, has announced a significant increase in its venture capital funding target, elevating it from $10 billion to a remarkable $20 billion. Sources indicate that this funding round is anticipated to close shortly, potentially valuing the company at an impressive $350 billion.
The surge in funding aspirations is fueled by a growing wave of investor enthusiasm. Notable backers expected to participate in this round include Sequoia Capital, which also has stakes in competing firm OpenAI, as well as Singapore’s sovereign wealth fund and investment management company Coatue.
In addition, last year, Anthropic enlisted legal counsel to facilitate preparations for a public offering, which may occur later this year. This comes on the heels of their previously announced $13 billion raise in September, solidifying Anthropic’s status as one of the most valuable private enterprises in the technology sector, with a valuation currently standing at $183 billion.
Key Points:
– Anthropic increases VC funding target to $20 billion.
– Expected funding round to close soon, with a $350 billion valuation.
– Major investors include Sequoia Capital, Singapore’s sovereign wealth fund, and Coatue.
– Preparations are underway for a potential IPO later this year.
– Previous funding raised $13 billion, leading to a valuation of $183 billion.
