Anthropic in Talks to Raise $2 Billion From Google and Others Just Days After Amazon Investment

Anthropic, one of the main rivals of OpenAI, is in talks with investors to raise at least $2 billion in new funding, following a commitment from Amazon last week to invest $1.25 billion in the company, according to three people with direct knowledge. Anthropic has told investors that Google, which bought a roughly 10% stake in the startup in 2022, is expected to invest in the round, two of the people said.

The 2-year-old startup, which sells Claude, a chatbot that competes with OpenAI’s ChatGPT, wants a valuation between $20 billion to $30 billion including the new investment, according to one of those people. That would quintuple the valuation of the company since March, when investors put a $4 billion price tag on the firm, and make its shares far pricier than those of OpenAI in terms of its valuation multiple on revenue.