UAE's MGX invests in Anthropic's record $65 billion funding round
By
Cody Combs
Hot, fresh, and worth queueing round the block for.
Summary
UAE-based investment firm MGX announced its participation in Anthropic's $65 billion Series H funding round. This comes as Anthropic surpassed OpenAI to become Silicon Valley's most valuable AI company with a valuation of $965 billion. MGX stated it will support Anthropic's continued investment in safety research, compute capacity for its Claude AI assistant, and scaling of products and partnerships.
Key quotes
· 1 pulledMGX said it was excited to continue supporting Anthropic's 'continued investment in safety and interpretability research, expanded compute capacity for Claude, and the scaling of products and partnerships relied on by customers globally'.
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