AMAZON-BACKED AI FIRM ANTHROPIC VALUED AT $61.5 BILLION AFTER LATEST ROUND

Summary from the TLDR newsletter

Anthropic has just closed a funding round at a $61.5 billion post-money valuation. The $3.5 billion round was led by Lightspeed Venture Partners - other investors included Salesforce, Cisco, and Fidelity. Anthropic plans to use the funds to advance its development of next-generation AI. It plans to expand its compute capacity, deepen its research in mechanistic interpretability and alignment, and accelerate its international expansion in Asia and Europe.