Anthropic, an artificial intelligence company backed by OpenAI rival Amazon and Google, expects annualized revenue to exceed $850 million by the end of 2024, two people familiar with the matter said. Just three months ago, Anthropic told some investors that it had annualized revenue of $100 million and expected that number to reach $500 million by the end of 2024. It's unclear why the latest forecast was significantly higher. (The Information)
Earlier news, two people familiar with the matter revealed that Anthropic is negotiating to raise US$750 million in a round of venture capital led by Menlo Ventures, which values the company at US$15 billion (excluding this investment) , more than three times its valuation this spring. This round of investment has not yet been finalized. A third person familiar with the matter said the final valuation could be as high as $18 billion.