Original Article by: ca.finance.yahoo.com
AI company Anthropic is close to raising $3.5 billion, bringing its value to $61.5 billion, according to sources. The company, known for its Claude chatbot, is getting investment from firms like Lightspeed Venture Partners, General Catalyst, and Bessemer Venture Partners.
This funding round is much bigger than the $2 billion reported last month. It shows that investors still believe in AI, even with cheaper competition from China’s DeepSeek. AI startups are getting a lot of money—last year, nearly half of all U.S. investment in tech went to AI companies. Anthropic’s new funding shows how much interest there is in American AI companies, even as global competition increases.
OpenAI, a big competitor, is also trying to raise funds and could be valued at $300 billion. Anthropic was started by former OpenAI executives, including Dario and Daniela Amodei, and was last valued at $18 billion in an investment round led by Menlo Ventures.
On Monday, Anthropic launched Claude 3.7 Sonnet, a new and improved AI model. It gives faster answers and explains how it reaches its conclusions. This update is meant to help Anthropic stay ahead in the AI race.
With this new launch and fresh funding, Anthropic is showing its serious commitment to AI. While the company hasn’t officially announced its funding plans, these moves prove it’s ready to take on bigger players like OpenAI. As competition in AI grows, other startups may also push harder to attract investors.
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