Anthropic Secures $30B in Series G, Valued at $380B
Anthropic, an AI startup, has raised a significant $30 billion in its Series G funding round. This new round propels the company’s valuation to an impressive $380 billion, marking a substantial increase from its previous valuation of $183 billion during its Series F round.
Details of the Series G Funding
The Series G round was primarily led by GIC, a Singaporean wealth fund, and Coatue Management, an investment management firm. Several notable investors participated in this funding round, including:
- D. E. Shaw Ventures
- Peter Thiel’s Founders Fund
- MGX from Abu Dhabi
- Accel
- General Catalyst
- Jane Street
- Qatar Investment Authority
Competitive Landscape
Anthropic’s funding comes during a crucial time as it competes for market attention and customers with OpenAI. Recently, OpenAI disclosed its ambitions to raise an additional $100 billion. If successful, this funding could elevate OpenAI’s valuation to approximately $830 billion.
Statements from Leadership
Krishna Rao, the CFO of Anthropic, commented on the fundraising, stating, “Whether it is entrepreneurs, startups, or the world’s largest enterprises, the message from our customers is the same: Claude is increasingly becoming more critical to how businesses work.”
Rao added, “This fundraising reflects the incredible demand we are seeing from these customers. We will use this investment to continue building the enterprise-grade products and models they have come to depend on.”
With significant backing and a clear growth strategy, Anthropic is poised to enhance its product offerings in an expanding AI market.
