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Anthropic reportedly ups its next funding round to $3.5B
AI startup Anthropic is reportedly finalizing a funding round that would value the company at $61.5 billion.
Anthropic initially set out to raise $2 billion, but investors have now agreed to a larger tranche, per the WSJ. Anthropic, which this week released a new flagship AI model, Claude 3.7 Sonnet, recently hit about $1.2 billion in annualized revenue, according to the WSJ. The company intends to put the proceeds from its next round toward developing more capable AI technologies.
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