Anthropic surpasses OpenAI as most valuable AI startup with $65B funding round at $965B valuation
By
Kate Rooney
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Summary
Anthropic has surpassed OpenAI to become the most valuable AI startup in Silicon Valley, announcing a $65 billion Series H financing round at a $965 billion valuation. The round was led by Altimeter Capital, Dragoneer, Greenoaks, and Sequoia Capital, nearly tripling Anthropic's valuation from $380 billion in February. The financing includes $15 billion in previously committed investments.
Key quotes
· 3 pulledAnthropic is now the most valuable artificial intelligence company in Silicon Valley.
The financing puts its valuation above that of rival AI lab OpenAI.
The newest round was led by Altimeter Capital, Dragoneer, Greenoaks and Sequoia Capital, and almost triples Anthropic's valuation from February, when it was worth $380 billion.
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