Amazon-backed AI firm Anthropic valued at $61.5 billion after latest round
Publishing timestamp: 2025-03-03 17:06:58
Summary
Anthropic closed a $3.5 billion funding round, bringing its post-money valuation to $61.5 billion. The AI startup plans to use the funding to expand its compute capacity and accelerate its expansion to Asia and Europe. Anthropic's revenue hit $1 billion annually in December, primarily from enterprise sales, with clients including Zoom, Snowflake, Pfizer, and more. The company's technology powers Amazon's Alexa+, and it has received investments from Google and Amazon. The generative AI market is predicted to exceed $1 trillion in revenue within a decade.
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