💨 Abstract

AI startup Anthropic is on the verge of a $2 billion funding round, valuing the company at $60 billion, according to sources. This follows previous funding from Amazon and Alphabet. Lightspeed Venture Partners is leading the investment round. Anthropic, a competitor of OpenAI, has seen a rise in valuation, with annualized revenue of $875 million. The funding will aid in the expensive development of large language models and hiring top talent.

Courtesy: theprint.in