"Anthropic, maker of the chatbot Claude, said Thursday its valuation grew after it raised $30 billion in its latest round of funding, led by Singapore's sovereign wealth fund GIC and the U.S.-based investment firm Coatue, along with dozens of other major investors. The funding also includes a portion of the $15 billion that Nvidia and Microsoft said they would invest in Anthropic in November,"
"Anthropic isn't profitable but said Thursday it is on track for sales of $14 billion over the next year, a rapid rise from "its first dollar in revenue" that came less than three years ago. While OpenAI has dabbled in a number of revenue models, including digital advertising, Anthropic has tailored Claude products to be a workplace assistant on tasks such as software engineering."
Anthropic's valuation climbed to $380 billion following a $30 billion funding round led by GIC and Coatue with participation from many investors. The financing incorporates part of earlier commitments from Nvidia and Microsoft and connects to a planned $30 billion computing purchase agreement with Microsoft. Amazon and Google have provided substantial cloud support. Anthropic projects approximately $14 billion in sales over the next year despite lacking profitability. Claude products are positioned as workplace AI assistants focused on tasks like software engineering. Anthropic ranks third among private firms behind OpenAI and SpaceX.
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