Anthropic soars to $965bn valuation, leapfrogging OpenAI

Anthropic has usurped OpenAI as the world’s most valuable artificial intelligence company, soaring to a $965bn valuation ahead of expected public listings by the rival firms. Anthropic, the maker of the Claude family of chatbots, said on Thursday that it had raised $65bn from private investors after a funding-raising round led by Altimeter Capital, Greenoaks, Dragoneer and Sequoia Capital. Recommended Stories list of 4 items end of list The announcement catapults Anthropic, led by CEO and co-founder Dario Amodei, ahead of ChatGPT maker OpenAI, which attracted an $852bn valuation in its last fundraising round in March. “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’s Chief Financial Officer Krishna Rao said in a statement. Altimeter Capital CEO Brad Gerstner hailed the adoption of Claude among the “world’s most demanding organisations” as evidence of Anthropic’s command in the field. “This momentum positions Anthropic to lead the next phase of AI innovation and capture the enormous opportunity ahead,” Gerstner said. Founded in 2021 by former researchers at OpenAI, Anthropic has rapidly emerged as one of the leading players in Silicon Valley’s scramble to dominate AI. Anthropic’s Claude, first launched in 2023, is among the most popular AI models worldwide. …