According to the Financial Times, artificial intelligence giant Anthropic, the creator of the artificial intelligence chatbot Claude, is close to raising $20 billion in new investment from venture capitalists and other investors, a deal that will value the company at $350 billion.
The San Francisco-based company was targeting a $10 billion investment round but quickly discovered that investor appetite for artificial intelligence was higher than expected, people familiar with the matter told the Financial Times.
$10 to $15 billion in new funding could be received as early as Tuesday, with the remainder to be finalized in the coming weeks. The deal was led by Singapore sovereign wealth fund GIC and U.S. investor Coatue, with Sequoia Capital also contributing a significant amount.
Bitcoin miners who are turning more to artificial intelligence and high-performance computing (HPC) infrastructure also saw significant gains in Tuesday’s news release. IREN (IREN) and Cipher Mining (CIFR) are both up more than 12%, while Hut 8 (HUT) and TeraWulf (WULF) are up more than 8%.
AI Unicom Token Near Protocol Also slightly higher.
In addition to this round of financing, technology giants Microsoft and Nvidia have previously stated that they will invest US$10 billion and US$5 billion in Anthropic respectively.
