AI startup Anthropic raised approximately $20 billion in its latest funding round. [6] This capital raise elevated the company's valuation to $350 billion. [6] High investor demand led the company to double the round from its initial $10 billion target. [2, 6] Coatue Management, Singapore's GIC, Sequoia Capital, Microsoft, and Nvidia led the investment. [2, 6]
Anthropic will use the funds to scale its operations and infrastructure. [2] The company intends to use this capital to compete more aggressively with rivals such as OpenAI. [2]
This massive influx of capital intensifies the debate regarding Anthropic's mission as a safety-focused Public Benefit Corporation. [3, 4] Former OpenAI executives founded the company specifically to prioritize AI safety. [4, 12] The current growth strategy raises questions about whether commercial pressures will compromise the company's core ethical principles. [4, 12]