Jonathan Kitchen
- Anthropic, an AI startup widely seen as a rival to OpenAI, is said to have had early talks for a new funding round that would more than double its valuation to more than $150B.
- The startup is currently valued at $61.5B.
- The next round would bring in at least $3B, but could potentially reach $5B, the Financial Times reported.
- The newspaper added that Anthropic has spoken with several Middle Eastern investors. MGX, an AI investment fund based in Abu Dhabi, has expressed interest.
- Anthropic, which is known for its large language model Claude, has significant investment commitments from Amazon (NASDAQ:AMZN) and Google (NASDAQ:GOOG)(NASDAQ:GOOGL). Open AI has major backing from Microsoft (NASDAQ:MSFT).
More on Microsoft
- Microsoft: Two Years, Zero Earnings Misses
- Microsoft: Azure Keeps Surging, But The Stock’s Valuation Is Stretched
- Microsoft: Agentic AI Ramp Up Is Barely In The First Inning (Earnings Preview)
- Microsoft keeps Outperform rating as Wedbush sees ‘robust’ Q4 results
- OpenAI expects to launch GPT-5 in August: report