Anthropic overtakes OpenAI as the most valuable AI startup - Axios
Quick Answer
Anthropic has surpassed OpenAI as the most valuable AI startup, raising $65 billion in a Series H funding round, valuing the company at $965 billion.
Quick Take
This funding, led by Altimeter Capital and others, will enhance safety research and expand Claude product capabilities.
Key Points
- Anthropic's valuation now stands at $965 billion post-funding.
- The Series H funding round raised a total of $65 billion.
- Major investors include Altimeter Capital, Dragoneer, and Sequoia Capital.
- $15 billion of the round consists of previously committed hyperscaler investments.
- Funding will enhance safety research and scale Claude products.
Article Excerpt
From source RSS / original summary# Anthropic overtakes OpenAI as the most valuable AI startup. Add Axios as your preferred source to. Anthropic raised $65 billion in a Series H funding round, valuing the AI lab at $965 billion post-money, in one of the largest private funding rounds in tech history. **Why it matters:** With the round, Anthropic leapfrogs OpenAI, which was most recently valued at $730 billion. **Driving the news:** The round was led by Altimeter Capital, Dragoneer, Greenoaks and Sequoia Capital.
* The company said the funding will support safety and interpretability research, expand compute capacity and scale Claude products and partnerships. **Zoom in:** The round includes $15 billion of previously committed hyperscaler investments, including $5 billion from Amazon. **What they're saying: "**This funding
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