Finance & Economics

AI Startup Anthropic Reportedly Looking to Raise $300 Million

Startup Anthropic, which specializes in developments in the field of artificial intelligence (AI), plans to attract investment funds in the amount of $ 300 million.

AI Startup Anthropic Reportedly Looking to Raise $300 Million

Source: Pixabay.com

Anthropic has already raised $1.1 billion from investors, including Google and former FTX CEO Sam Bankman-Fried.

The company is headed by specialists who previously worked with the creator of ChatGPT OpenAI. The firm aims to ensure that its systems do not have bias, toxicity, or other negative traits.

Anthropic announced on its Twitter page on March 8 that Salesforce Ventures is investing in the company as part of its generative AI fund. Daniela Amodei, President of Anthropic, said that this partnership will allow the company to use a reliable artificial intelligence assistant with maximum responsibility and within ethical standards. She also noted that both companies adhere to the position that innovative technologies should be safe.

About a month ago, Google Cloud announced the beginning of cooperation with Anthropic and that the company had chosen Google as the preferred cloud provider. According to information published in the media, the technology giant has allocated $ 300 million for the development of the startup.

In April 2022, Anthropic managed to attract investment funds in the amount of $ 580 million following the results of the Series B financing round. Daniela Amodei said that this money would be used to study the scaling properties of machine learning systems. He also noted that the company has achieved results in understanding and managing the behavior of artificial intelligence systems. Currently, the startup brings together all the elements to create intelligent systems based on them that benefit society.

About six weeks ago, OpenAI announced that it was receiving multi-year, multi-billion dollar investments from Microsoft after previous investments from the firm in 2019 and 2021. The media reported that the company will receive $ 10 billion from investors over 10 years.

As we have reported earlier, German VC Firm La Famiglia Raises $264 Million.

Serhii Mikhailov

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Serhii’s track record of study and work spans six years at the Faculty of Philology and eight years in the media, during which he has developed a deep understanding of various aspects of the industry and honed his writing skills; his areas of expertise include fintech, payments, cryptocurrency, and financial services, and he is constantly keeping a close eye on the latest developments and innovations in these fields, as he believes that they will have a significant impact on the future direction of the economy as a whole.