"The AI startup has signed a lease for more than 400,000 square feet to take up the entire tower at 300 Howard St. in the South of Market neighborhood, spokesperson Danielle Cohen told SFGATE on Friday, with plans to move into the building in 2027. The building, purchased by two real estate firms for a reported $111.34 million last year, is about two blocks away from Anthropic's current headquarters and gives the startup room to dramatically expand as the boom of hype over AI continues."
"The startup was founded in 2021 by a group of seven who departed OpenAI in hopes of focusing more closely on AI safety, and it now competes with OpenAI, Google and xAI at the cutting edge of the technology's development. Cohen said that the company went from an $87 million revenue run rate - an annual projection based on a short stretch of earnings - at the start of 2024 to above $9 billion at the end of 2025."
"Behind that growth is the chatbot Claude - Anthropic's version of ChatGPT - and the company's success in peddling its model Opus for software engineering. Anthropic and its peers have been pushing coding models to work on tasks for longer and make fewer mistakes, helping software engineers and even novices churn out lines of code. The company is far less well-known than OpenAI, but it has frequently been involved in key questions about the new technology."
Anthropic signed a lease for more than 400,000 square feet to occupy the entire 25-story tower at 300 Howard St., with a planned move in 2027. The building was purchased last year for a reported $111.34 million and sits about two blocks from Anthropic's current headquarters, providing significant expansion capacity. The company was founded in 2021 by seven former OpenAI employees with an emphasis on AI safety and now competes with OpenAI, Google and xAI. Revenue reportedly grew from an $87 million run rate at the start of 2024 to above $9 billion by the end of 2025. Growth is driven by the Claude chatbot and Opus coding model, while the company has engaged in AI regulation and a copyright settlement.
Read at SFGATE
Unable to calculate read time
Collection
[
|
...
]