Anthropic, the artificial intelligence startup behind the chatbot Claude, is raising a new round of funding that would value the company at $350 billion before the new investment, according to people familiar with the matter.
The AI developer is in talks to raise $10 billion in the round, said one of the people, who spoke on condition of anonymity to discuss private information. GIC, Singapore’s sovereign wealth fund, and Coatue Management plan to lead the new financing, the people said. The total amount of the fundraise may change, one person said.
Microsoft Corp. and Nvidia Corp., which previously said they will invest up to a combined $15 billion in Anthropic, are also expected to participate in the new round, Bloomberg News has reported.
Anthropic and GIC declined to comment. Representatives for Coatue did not respond to requests for comment. The Wall Street Journal previously reported details of the new round.
Funding at that level would represent a staggering increase in Anthropic’s valuation. The startup previously raised $13 billion from investors in September at a $183 billion valuation. That earlier haul cemented the firm as one of the most valuable startups in the world and underscored the broader, persistent investor interest in the AI boom.