Anthropic Secures $3 Billion Funding at $38 Billion Valuation

New Funding Round Propels Anthropic Forward

Anthropic, an AI company, has successfully closed a new funding round of up to $3 billion, pushing its valuation to $38 billion. This marks a significant milestone in its growth trajectory. The round was led by GIC and Coatue, with strong participation from other notable investors.

Strong Lineup of Investors

In addition to GIC and Coatue, the round also saw participation from D.E.Shaw Ventures, Dragoneer, Founders Fund, ICONIQ, and MGX as co-lead investors. Accel, Addition, JPMorgan Chase, Sequoia Capital, and Temasek also contributed to the round.

Use of Funds

The funds raised will be channeled into advancing Anthropic’s research in artificial intelligence, driving product innovation, and ensuring the team has the necessary resources to scale its infrastructure to meet future demands.