Anthropic in talks to raise fresh capital at $170 billion valuation
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Anthropic is negotiating to raise $3 billion to $5 billion at a $170 billion valuation, led by Iconiq Capital. This follows a previous $3.5 billion round at a $61.5 billion valuation. The company is facing challenges in securing Middle Eastern funding due to national security concerns, despite the growing interest from investors in the region. Competitors like OpenAI are also seeking substantial investments, with plans for a $40 billion round and a partnership for a data center in Abu Dhabi.
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