Artificial intelligence start-up Anthropic is in early talks to more than double its valuation to more than $150bn in a new funding round, giving it additional firepower to keep pace with rivals building advanced AI models.
The competitor to Sam Altman’s OpenAI was in the preliminary stages of funding discussions with investors and had received interest from backers willing to value the business at more than $150bn, a massive jump from Anthropic’s current $61.5bn price tag, according to four people with knowledge of the matter.
Final terms have not been fixed, but the four-year old company was expected to raise at least $3bn, two of the people said, with one adding the round could reach up to $5bn.
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