Anthropic, a competitor to OpenAI, is currently negotiating to secure $750 million in financing at a valuation of $18.4 billion.

Anthropic, a company established by former OpenAI staff, is reportedly negotiating to secure a funding round of $750 million, led by Menlo Ventures, according to a source familiar with the situation speaking to CNBC. This new funding is expected to bring Anthropic’s valuation up to $18.4 billion, marking a significant increase from its $4.1 billion … Continue reading Anthropic, a competitor to OpenAI, is currently negotiating to secure $750 million in financing at a valuation of $18.4 billion.