Anthropic seeking to raise $750 million in funding round led by Menlo Ventures

FILE PHOTO: Anthropic logo is seen in this illustration taken March 31, 2023. REUTERS/Dado Ruvic/Illustration

(Reuters) -Artificial intelligence (AI) startup Anthropic is in discussions to raise $750 million in a funding round led by Menlo Ventures, a source with direct knowledge of the matter told Reuters on Wednesday.

The startup's valuation before the funding round comes to $18.4 billion, the source added.

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