Anthropic closes in on $20B round
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Anthropic is nearing a $20 billion capital raise at a $350 billion valuation, driven by strong investor demand. This follows a $13 billion equity funding round five months ago. Key investors include Altimeter Capital, Sequoia Capital, and strategic partners Nvidia and Microsoft. Anthropic's recent successes, including coding agents and new AI models, have heightened competition with rivals like OpenAI, which is also pursuing a $100 billion fundraising round. Both companies are preparing for potential IPOs amid a favorable market outlook.
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