Anthropic raises $3.5 billion, reaching $61.5 billion valuation as AI investment frenzy continues

Anthropic closed a $3.5 billion series E funding round, valuing the AI company at $61.5 billion post-money, the firm announced today. Lightspeed Venture Partners led the round with a $1 billion contribution, cementing Anthropic’s status as one of the world’s most valuable private companies and demonstrating investors’ unwavering appetite for leading AI developers despite already astronomical valuations.

The financing attracted participation from an impressive roster of investors including Salesforce Ventures, Cisco Investments, Fidelity Management & Research Company, General Catalyst, D1 Capital Partners, Jane Street, Menlo Ventures and Bessemer Venture Partners.

“With this investment, Anthropic will advance its development of next-generation AI systems, expand its compute capacity, deepen its research in mechanistic interpretability and alignment, and accelerate its international expansion,” the company said in its announcement.

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