Anthropic, known for its AI chatbot Claude, is finalizing a funding round set to raise $3.5 billion, exceeding its original target of $2 billion, leading to a company valuation of $61.5 billion. Key investors include Lightspeed Venture Partners and General Catalyst. This brings Anthropic's total funding to around $18 billion. Despite annualized revenues of $1.2 billion, the company continues to face losses, with future proceeds aimed at boosting the development of advanced AI technologies such as the recently released Claude 3.7 Sonnet.
Anthropic's funding round has expanded significantly, moving from an initial goal of $2 billion to a potential $3.5 billion, reflecting heightened investor confidence.
The new funding aims to support the advancement of Anthropic's AI technologies, as the company prepares for future growth despite current financial losses.
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