CNBC reported on Tuesday that Anthropic has ended its recent funding round above the initial $10 billion target at a $350 billion valuation. According to three sources familiar with the matter, the round closed at a total between $10 billion and $15 billion.
The number might increase further in case Microsoft and Nvidia. Microsoft and Nvidia declared plans to invest up to $5 billion and $10 billion into the artificial intelligence startup, respectively.
It was reported that it’s not clear if they plan to participate in Anthropic’s recent round, or how much they might commit. CNBC previously stated that the financing is led by Coatue and Singapore sovereign wealth fund GIC.
However, Sequoia Capital, which is an investor in Anthropic’s competitive OpenAI, also intended to participate. Financial Times was the first to cover the oversubscribed funding round of Anthropic.
Anthropic was established in 2021 by the former OpenAI research executives, including its CEO, Dario Amodei. The company is most recognized for creating a family of massive language models named Claude and an artificial intelligence code writer called Claude Code that has gone viral over the last few months.
Amodei informed CNBC earlier this month that Anthropic made nearly $10 billion in revenue the previous year. Just four months ago, Anthropic settled a $13 billion funding round at an $183 billion valuation.
This incorporates the company’s paper value, which has nearly doubled in less than half a year, driven by breakout adoption of its Claude family of models and increasing enterprise demand for AI that signifies safety and interpretability.
