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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.
At least 69 people have died and almost 150 injured following a powerful 6.9-magnitude earthquake off the coast of Cebu City in the central Visayas region of the Philippines, officials said, making it one of the country’s deadliest disasters this year.
A tsunami threat was issued in Chile after a magnitude 7.8 earthquake struck the Drake Passage on Friday. The epicenter was located 135 miles south of Puerto Williams on the north coast of Navarino Island.
The war in Ukraine has reached a strategic impasse, and it seems that the conflict will not be solved by military means. This creates a path toward one of two alternatives: either a “frozen” phase that can last indefinitely or a quest for a durable political regulation.
A shooting in Nice, southeastern France, left two people dead and five injured on Friday, authorities said.
Snapchat will start charging users who store more than 5GB of photos and videos in its Memories feature, prompting backlash from long-time users.
NASA has announced that it will reopen bidding for its flagship U.S. moon landing contract, citing mounting delays in Elon Musk’s SpaceX Starship lunar lander project.
China has accused the United States of stealing sensitive data and infiltrating its National Time Service Centre, warning that such breaches could have disrupted communications, financial systems, power supplies, and the international standard time network.
Chinese tech giants, including Alibaba-backed Ant Group (688688.SS) and e-commerce company JD.com have halted plans to issue stablecoins in Hong Kong after the government raised concerns about the increasing influence of privately controlled currencies, the Financial Times reported on Saturday.
Apple has pledged to increase its investment in China despite ongoing tensions between Washington and Beijing, CEO Tim Cook said during a meeting with China’s industry minister.
SpaceX launched its 11th Starship from Texas on 13 October, landing in the Indian Ocean ahead of testing an upgraded version for future moon and Mars missions.
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