A funding round led by Altimeter Capital, Dragoneer, Greenoaks, and Sequoia Capital provides support for safety and interpretability research. The funding will expand compute capacity and scale Claude products and partnerships. Anthropic reported that run-rate revenue crossed $47 billion earlier in the month. The round includes $15 billion of previously committed hyperscaler investments, including $5 billion from Amazon. Infrastructure partners such as Micron Technology also contributed. Micron Technology’s stock valuation surpassed $1 trillion. The company stated the funding will help meet historic demand, remain at the research frontier, and bring Claude to more places where work happens.
"The company said the funding will support safety and interpretability research, expand compute capacity and scale Claude products and partnerships. Anthropic said its run-rate revenue crossed $47 billion earlier this month."
"Zoom in: The round includes $15 billion of previously committed hyperscaler investments, including $5 billion from Amazon. Infrastructure partners, including Micron Technology, which just soared above a $1 trillion stock market valuation, also contributed."
"“This funding will help us serve the historic demand we are experiencing, stay at the research frontier and bring Claude to more of the places where work happens,” Anthropic chief financial officer Krishna Rao said in a release."
Read at Axios
Unable to calculate read time
Collection
[
|
...
]