Anthropic raises $3.5B at $61.5B valuation to advance its AI research
The Series E deal comes less than two months after the company raised $1 billion from Google LLC. Two months before that, Amazon.com Inc. doubled its investment in Anthropic to $8 billion. Amazon Web Services became the artificial intelligence provider’s primary cloud provider last September.
Anthropic raises $3.5 billion, reaching $61.5 billion valuation as AI investment frenzy continues
Anthropic secures $3.5 billion in series E funding at a $61.5 billion valuation as the AI company's revenue grows 1,000% year-over-year, intensifying competition with OpenAI amid massive industry investment.
The move will put the cloud-computing giant in closer competition with OpenAI and Anthropic.
Amazon's upcoming Nova AI model aims to enhance reasoning capabilities, challenging rivals like Anthropic and OpenAI ...
Amazon is aggressively positioning itself in the AI race by integrating Anthropic’s advanced Claude models into its vast AWS, ...
Amazon’s upcoming AI model could bring it into closer competition with Anthropic, a startup it has heavily backed.
Amazon (NASDAQ:AMZN) is making a serious move in the AI race with plans to roll out a new "reasoning" model under its Nova ...
Vishal Sharma, Amazon's Vice President of AGI, said on Monday at the Mobile World Congress in Barcelona, "There's scarcely a part of the company that is ...
Anthropic's Claude large language model is powering the majority of complex tasks for Amazon's new Alexa+, sources tell CNBC. Amazon said that information is "false." Amazon has agreed to ...
Amazon initially backed Anthropic in 2023. The move has reaped huge rewards for the cloud giant.
Rather than measure the funding rounds and valuations of AI startups building foundation models in US dollars, perhaps we ...
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