TLDR · BIG TECH & STARTUPS

ANTHROPIC CLOSES $30 BILLION FUNDING ROUND AS CASH KEEPS FLOWING INTO TOP AI STARTUPS

cnbc.com5 min read

Summary from the TLDR newsletter

Anthropic has closed a $30 billion funding round at a $380 billion post-money valuation. This is the second-largest private tech fundraising round on record after OpenAI, which closed a round of more than $40 billion last year. Anthropic's funding round was led by Coatue and Singapore sovereign wealth fund GIC. The fresh capital will support the company's infrastructure expansion, research, and continued investment in enterprise-grade products.