Anthropic Surpasses OpenAI as Most Valuable AI Startup with $900 Billion Valuation
By
Antonio Pequeño IV
Sesame, salt, and substance. A flagship bake.
Summary
Anthropic has surpassed OpenAI as the world's most valuable AI startup, securing a $900 billion valuation after a $65 billion Series H funding round. The round included investments from Altimeter Capital, Dragoneer, Greenoaks, and Sequoia Capital, giving Anthropic a $965 billion post-money valuation. This overtakes OpenAI, which reached a $730 billion valuation ($852 billion post-money) following a $122 billion funding round in March.
Key quotes
· 3 pulledAnthropic secured a $900 billion valuation Thursday following a Series H fundraise of $65 billion, overtaking OpenAI as the world's most valuable artificial intelligence startup.
Anthropic announced the funding round Thursday, revealing a $965 billion post-money valuation involving investments from Altimeter Capital, Dragoneer, Greenoaks and Sequoia Capital.
OpenAI raised $122 billion in a March funding round that increased its valuation to $730 billion, or $852 billion post-money.
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