AI giant Anthropic raising $10B at $350B valuation: Report

Claude maker Anthropic is aiming to nearly double its valuation to $350 billion, with The Wall Street Journal reporting a planned $10 billion raise.

Anthropic, the company behind the popular artificial intelligence chatbot Claude, is reportedly raising $10 billion and aiming for a valuation of $350 billion.

Singapore’s sovereign-wealth fund, GIC, and Coatue Management plan to lead the new round of financing, The Wall Street Journal reported on Wednesday, citing people familiar with the matter. 

The $350 billion valuation nearly doubles Anthropic’s worth from a $183 billion valuation it had in September, which followed a $13 billion Series F round co-led by ICONIQ Capital, Fidelity Management & Research Company, and Lightspeed Venture Partners.

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