Anthropic seeks to raise its valuation to over $150 billion

According to Jinse Finance, artificial intelligence startup Anthropic is in preliminary talks to more than double its valuation to over $150 billion in a new funding round, giving it greater resources to keep pace with competitors developing advanced AI models. Four sources familiar with the matter revealed that Anthropic, a rival to Sam Altman's OpenAI, is in the early stages of fundraising discussions with investors. Some investors have expressed interest in valuing the company at over $150 billion, a significant jump from Anthropic’s current $61.5 billion valuation. Two of the sources said that final terms have not yet been determined, but the four-year-old company is expected to raise at least $3 billion, with one person adding that the round could reach as much as $5 billion. (Financial Times)