Anthropic Seeks $2 Billion at $60 Billion Valuation, Led by Lightspeed Venture Partners

Jan 7, 2025, 07:12 PM

Anthropic, a San Francisco-based AI startup and rival to OpenAI, is in advanced talks to raise $2 billion in a funding round led by Lightspeed Venture Partners. This round would value the company at $60 billion, more than tripling its valuation from the previous year when it was valued at $18 billion. The funding comes on the heels of significant investments from tech giants, with Amazon having already invested $8 billion in Anthropic since 2023. The new capital is expected to support the development of Anthropic's large language models, including the latest Claude 3.5 Sonnet, which has shown improved performance in programming tasks. This funding round underscores the intense competition and high stakes in the AI sector, where companies are raising substantial sums to advance their technologies.