AI startup Anthropic has closed a $3.5 billion funding round led by Lightspeed Venture Partners, pushing its post-money valuation to a staggering $61.5 billion.
This milestone marks more than a threefold increase from its valuation of $18 billion just last year, underscoring the intense investor interest in breakthrough AI technologies.
Anthropic’s rapid rise is backed by impressive business growth. Late last year, the company was reported to have an annual revenue run rate of about $1 billion—a figure that has since grown by roughly 30%. The funding round attracted a diverse group of high-profile investors, including Salesforce Ventures, Cisco Investments, Fidelity Management & Research Company, General Catalyst, D1 Capital Partners, and Jane Street. Amazon remains a key supporter, having previously invested $8 billion in the company, while Google has also lent its backing, highlighting the broad industry confidence in Anthropic’s vision.
With this fresh capital, Anthropic plans to accelerate its global expansion, particularly in Asia and Europe, as it seeks to capitalize on the burgeoning demand for advanced AI solutions. The company is also set to boost its research efforts in areas critical to responsible AI development, such as mechanistic interpretability and alignment, while expanding its computing capacity to support more sophisticated model training.
Anthropic’s flagship AI models—Claude 3.7 Sonnet and its predecessor Claude 3.5 Sonnet—demonstrate the company’s innovative approach. Claude 3.7 Sonnet introduces "hybrid reasoning" capabilities, allowing users to choose between quick responses and more in-depth, step-by-step thinking, and features a 128,000-token "thinking" budget for extended reasoning. These models, which excel in tasks ranging from coding to multimodal understanding, are available across multiple platforms including Anthropic’s own Claude.ai, the Anthropic API, Amazon Bedrock, and Google Cloud’s Vertex AI.
Emphasizing user privacy, Anthropic has stated that it does not train its generative models on user-submitted data without explicit permission—a commitment that continues to build trust among its growing customer base.
As the competition in the AI landscape intensifies, Anthropic’s latest funding round and soaring valuation position the startup as one of the world’s most valuable emerging tech companies, poised to shape the future of artificial intelligence alongside industry giants.
Serbian President Aleksandar Vučić has announced he may meet with Russian President Vladimir Putin during his upcoming visit to China in early Septe...
South Korea began dismantling loudspeakers broadcasting anti-North Korean messages along the border on Monday, its defence ministry said, as President...
More than 2,500 people have had to leave their homes in southern South Korean after torrential rains swept across the country during Sunday night, inu...
Thousands of supporters of Brazil’s former president Jair Bolsonaro gathered in São Paulo on Sunday (3 August), calling for justice reform and deno...
Democratic lawmakers in Texas said on Sunday they were leaving the state to deny Republicans the quorum needed to redraw the state's 38 congressional ...
At its inaugural developer conference on Thursday, Anthropic unveiled two new AI models, Claude Opus 4 and Claude Sonnet 4, part of its next-generation Claude 4 family.
Anthropic, the AI startup behind the Claude chatbot, unveiled two major updates on Thursday aimed at expanding the utility and performance of its AI platform.
The world’s biggest dance music festival faces an unexpected setback as a fire destroys its main stage, prompting a last-minute response from organisers determined to keep the party alive in Boom, Belgium.
According to the German Research Centre for Geosciences (GFZ), a magnitude 5.7 earthquake struck the Oaxaca region of Mexico on Saturday.
Australian researchers have created a groundbreaking “biological AI” platform that could revolutionise drug discovery by rapidly evolving molecules within mammalian cells.
A series of earthquakes have struck Guatemala on Tuesday afternoon, leading authorities to advise residents to evacuate from buildings as a precaution against possible aftershocks.
China and the Association of Southeast Asian Nations will send an upgraded ‘version 3.0’ free-trade agreement to their heads of government for approval in October, Chinese Foreign Minister Wang Yi said on Saturday after regional talks in Kuala Lumpur.
Türkiye’s first domestically produced electric SUV, the Togg T10X, is expected to hit the German market by the end of 2025, German daily Bild reported.
A SpaceX Falcon 9 rocket successfully launched from NASA’s Kennedy Space Center in Florida on Friday, sending an international crew of four astronauts to the International Space Station (ISS) aboard the Dragon spacecraft as part of NASA’s Crew-11 mission.
OpenAI is set to launch its first European data centre under the Stargate programme, partnering with developer Nscale Global Holdings and Norwegian investment firm Aker ASA to establish a $1 billion facility in Norway, the companies announced on Thursday.
You may not think much about ammonia, but it plays a huge role in your life. It's a key ingredient in fertilisers that help grow nearly half the world's food. It could also be the future of clean energy. But the way we make ammonia today is dirty, outdated, and energy hungry.
Germany is rapidly reinventing its defence sector, channelling billions into Artificial Intelligence (AI), drone tech, and military innovation with start-ups like Helsing leading a once-unthinkable arms race in Europe.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment