Anthropic surpasses OpenAI in valuation at $965 billion after Series H funding round
By
Mike Pearl
Crackling crust, pillowy middle. The kind of bagel that earns a second cup of coffee.
Summary
Anthropic has raised $65 billion in Series H funding, valuing the company at $965 billion post-money, surpassing OpenAI's $852 billion valuation. This marks a shift in the AI industry leaderboard, with Anthropic (creator of Claude) now technically more valuable than OpenAI (creator of ChatGPT). The article notes there are mitigating factors to consider regarding these valuations.
Key quotes
· 3 pulledAnthropic has raised $65 billion in Series H funding led by Altimeter Capital, Dragoneer, Greenoaks, and Sequoia Capital, valuing the company at $965 billion post-money.
That means the top of the leaderboard has flipped.
There are, however, some mitigating factors to keep in mind about these valuations.
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