Anthropic, a startup founded by ex-OpenAI staff, is targeting to more than double its annualized revenue run rate this year. The company is reportedly seeking $10 billion in a funding round that could elevate its valuation to $350 billion. This new figure indicates a significant increase from previous estimations made just four months prior. According to multiple reports, including insights from CNBC and the Wall Street Journal, the company has secured a term sheet that outlines the anticipated valuation. Key players in this funding round include Singapore’s sovereign wealth fund GIC and Coatue Management, which are expected to take the lead in financing. The funding round is expected to close in the coming weeks, although potential adjustments to size and terms may occur. This move reflects a growing investor enthusiasm for artificial intelligence technologies and their prospective impacts across a variety of industries.
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