Anthropic Eyes $900 Billion Valuation, Could Overtake OpenAI As Top AI Startup

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Anthropic is in discussions with investors about new financing that could value the company at $900 billion, more than doubling its $380 billion valuation in February, according to a report.

If the talks turn into a deal, the maker of Claude could surpass rival OpenAI to become the most valuable AI startup.

According to a Livemint report, Anthropic is evaluating investor proposals, though no proposal has been accepted.

Anthropic Valuation Could Skyrocket Soon

As Anthropic continues to gain momentum, it is intensifying competitive pressure on OpenAI, which is reportedly preparing for a public listing later this year and was valued at $852 billion in a March funding round, the report said, citing Bloomberg. The ChatGPT maker was unable to meet its set targets for revenue and new users.

OpenAI missed its targets for one billion weekly ChatGPT users and annual revenue, largely due to strong competition from Alphabet’(NASDAQ:GOOGL(NASDAQ:

Full story available on Benzinga.com

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