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Anthropic valued at US$380 billion in latest funding round

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The Anthropic logo on a smartphone arranged in New York, US, on Tuesday, Aug. 15, 2023. Photographer: Gabby Jones/Bloomberg

AI startup Anthropic said on Thursday it has raised US$30 billion in its latest funding round, which was co-led by investors including D. E. Shaw Ventures, ICONIQ and MGX, valuing the Claude chatbot maker at $380 billion.

Investor interest in AI startups has continued to surge, driven by expectations of rapid growth and widespread commercial adoption, giving companies like Anthropic and ChatGPT maker OpenAI soaring valuations.

Other significant investors in the Series G funding round included Sequoia Capital, Menlo Ventures, Lightspeed Venture partners, Blackstone and affiliated funds of BlackRock.

Anthropic, which is backed by Alphabet (GOOGL.O) and Amazon (AMZN.O), develops the Claude family of AI models. The firm launched a new flagship model called Opus 4.6 last week, stepping up efforts to deliver more advanced tools for enterprise and consumer use.

Reporting by Deborah Sophia in Bengaluru; Editing by Alan Barona