AI Startup Anthropic in Talks for $10 Billion Funding Round at $350 Billion Valuation
1 day agoTech
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AI Startup Anthropic in Talks for $10 Billion Funding Round at $350 Billion Valuation

AI startup Anthropic is reportedly in talks to raise $10 billion in funding, potentially valuing the company at $350 billion. This nearly doubles its valuation from four months prior and comes amid speculation of an IPO within 12-18 months. The financing discussions, potentially led by Coatue Management and Singapore's GIC, highlight the significant investment in the AI sector, with rivals like OpenAI and xAI also securing substantial capital. Anthropic, founded by former OpenAI members, emphasizes AI safety and operates as a public benefit corporation.

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