Wall Street closes at a record for the first time since end of January
Investing.com-- Anthropic fielded multiple offers from venture capitalists to invest in the artificial intelligence startup at an as much as $800 billion valuation in recent weeks, Business Insider reported on Tuesday, citing people familiar with the matter.
The AI startup behind Claude closed a funding round in February at a $380 billion valuation. The Business Insider report showed investors willing to value Anthropic at close to the $852 billion valuation rival OpenAI achieved in its March funding round.
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Investors were seen growing more enthusiastic on Anthropic as the company released a slew of advanced AI coding and agent tools in recent months, while its Claude AI assistant was also seen gaining more users.
The startup said last week that it now expects annual run-rate revenue of $30 billion, up from $9 billion in end-2025.
Last week, Anthropic claimed that its latest model, Mythos, was so powerful that it could not be released to the general public. The startup said it had offered access to the model to a limited group of companies.
The company is backed by a slew of Wall Street majors, including Amazon.com Inc (NASDAQ:AMZN) and Alphabet Inc (NASDAQ:GOOGL).