Anthropic is in advanced talks to raise $2 billion in a deal that would value it at $60 billion, more than triple its valuation from a year ago. The funding round is being led by the venture firm Lightspeed Venture Partners,

OpenAI rival Anthropic is reportedly in talks to raise $2 billion in new capital in a funding round led by Lightspeed Venture Partners.

AI start-up Anthropic is nearing a deal to raise $2bn, a move that would place the three-year old company at a $60bn valuation.

The company, which was co-founded by former OpenAI executives Dario and Daniela Amodei, secured a $2bn investment from Alphabet in 2023. "Anthropic nears deal to raise $2bn at $60bn valuation " was originally created and published by Verdict, a GlobalData owned brand.

By Anna Tong, Krystal Hu and Akash Sriram (Reuters) -AI startup Anthropic is near a deal to raise an additional $2 billion at a price that values the company at $60 billion, sources said, months after its $4 billion funding from Amazon.

The new funding will mark a jump in valuation for Anthropic, a major competitor of OpenAI in the foundation model space.

Anthropic may be joining rival OpenAI with its own eye-popping valuation, but the hefty valuations for the two biggest AI startups obscure the fact that, for now, these companies are burning through billions in cash.

OpenAI rival Anthropic is in advanced talks to raise $2 billion in a funding round that would value the startup at $60 billion, according to two people familiar with the matter.