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Home / Business and Economy / AI Startup Eyes Massive $20B+ Funding

AI Startup Eyes Massive $20B+ Funding

7 Feb

•

Summary

  • AI startup Anthropic is nearing a $20 billion funding round.
  • Investor interest pushed valuation to $350 billion.
  • The funding round is expected to close soon.
AI Startup Eyes Massive $20B+ Funding

AI startup Anthropic is nearing the completion of a major funding round that is anticipated to raise more than $20 billion. The deal is reportedly in its final stages and could be finalized as early as the upcoming week.

Driven by exceptionally strong investor interest, Anthropic is now on track to secure over double its initial target of $10 billion. This surge in backing has also reportedly propelled the company's valuation to an impressive $350 billion, underscoring significant confidence in its future prospects within the artificial intelligence sector. The company has not yet released an official statement regarding the funding.

Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.
AI startup Anthropic is aiming to raise more than $20 billion in its latest funding round.
Due to excess investor interest, Anthropic's valuation is reportedly set at $350 billion.
The funding round for Anthropic is slated to close as soon as the next week.

Read more news on

Business and Economyside-arrowAnthropicside-arrowArtificial Intelligence (AI)side-arrow

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