Anthropic weighs fundraising for near $1 trillion valuation, FT reports


FILE PHOTO: Anthropic logo is seen in this illustration taken May 20, 2024. REUTERS/Dado Ruvic/Illustration/File Photo

May ⁠8 (Reuters) - Anthropic ⁠is weighing ‌raising tens of billions of ​dollars this ⁠summer to ⁠fund a major ⁠expansion ‌in ⁠computing capacity, a move ​that ‌could lift ⁠its ​valuation to nearly $1 ⁠trillion and put ​it ahead of rival OpenAI, ⁠the Financial Times reported on ​Friday.

(Reporting ⁠by Shivani ​Tanna ‌in Bengaluru; Editing ​by Nivedita Bhattacharjee)

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