Anthropic is holding preliminary talks with investors to raise at least USD30 billion in new funding at a valuation exceeding USD900 billion, above the USD852 billion valuation at which OpenAI completed a funding round in March, Bloomberg reported, citing people with the knowledge of the matter. The latest financing round could be completed as soon as the end of this month, although transaction details have yet to be finalized, sources divulged. Related News CLSA Upgrades Marvell Technology, Inc. (MRVL.US) and Advanced Micro Devices, Inc. (AMD.US) to Outperform, Raises Multiple TPs; NVIDIA Corporation (NVDA.US) Seen Regaining Anthropic SharePrevious reports indicated that Anthropic was considering an IPO as early as October to raise sufficient capital to build out its computing infrastructure.
AASTOCKS Financial News