September 24, 2024 – Reports from The Information indicate that Anthropic, a US-based AI startup, has initiated discussions with investors for a new round of funding.
According to an existing investor, Anthropic’s valuation could potentially reach between 30to40 billion after this new funding round, which is approximately twice the valuation it had after completing a funding round earlier this year.
Anthropic generates its revenue primarily through its generative AI chatbot, Claude, and is seen as one of the biggest startup competitors to OpenAI.
Previously, it was also revealed that OpenAI is raising between 5to7 billion at a valuation of $150 billion, almost twice as high as its valuation in the first quarter of this year.
