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Anthropic in talks with investors to raise funds at $900B valuation, higher than OpenAI

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Image accompanies the article at CNBC Technology. No description was extracted from the source.

Anthropic has been chasing OpenAI since the launch of ChatGPT in late 2022.

Key facts

Summary

The artificial intelligence startup, founded five years ago by former OpenAI execs, is in talks with investors to raise money at a $900 billion valuation, according to a person familiar with the matter. OpenAI was valued at $852 billion in late March after closing a record-breaking $122 billion funding round. Anthropic, meanwhile, was valued at $380 billion as of February. As it's been racing to keep pace with OpenAI in recent years, Anthropic has become best known for developing a family of AI models called Claude.

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