Anthropic in Talks to Raise Up to $10B in New Funding

Musical chairs' music is still going on...

This is an upsize of the previously reported 5bn round.

>Anthropic was in advanced discussions to raise up to $5 billion in the round at a $170 billion valuation. The amount increased significantly due to strong investor demand, the people said.

>Investment firm Iconiq Capital is leading the round, Bloomberg News has reported. Other expected participants include TPG Inc., Lightspeed Venture Partners, Spark Capital and Menlo Ventures, according to people familiar with the matter. Anthropic has also held discussions with the Qatar Investment Authority and Singapore’s sovereign fund GIC about joining the round.

Crazy! Eager to see how this foundational model space goes.

Last year they burned $5.6 billion. The games must go on!

https://www.reuters.com/technology/anthropic-projects-soarin...