The move will put the cloud-computing giant in closer competition with OpenAI and Anthropic.

Anthropic on Monday closed its latest funding round at a $61.5 billion post-money valuation, the company confirmed to CNBC.

There's scarcely a part of the company that is unaffected by AI,” said Vishal Sharma, Amazon’s VP of Artificial General ...

Anthropic said Monday it raised $3.5 billion in its latest funding round, giving the Amazon- and Google-backed AI startup a ...

Anthropic on Monday announced it has raised $3.5 billion in a funding round that valued the artificial intelligence startup ...

Amazon-backed AI company Anthropic has raised $3.5 billion in its Series E round with a post-money valuation of $61.5 ...

Reasoning models, which are often slower but can address more complicated tasks, are broadly viewed as a next leap forward in ...

The announcement follows new fund-raising efforts from rivals like OpenAI, which is set to close a deal that values the ...

The Series E deal comes less than two months after the company raised $1 billion from Google LLC. Two months before that, ...

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 ...

Late last year, the company’s annual revenue run rate was about $1 billion, according to a person familiar with the matter.