PYMNTS.com February 24, 2025

Artificial intelligence company Anthropic unveiled new features of its AI chatbot, Claude, and announced the finalization of a $3.5 billion fundraise.

The newest iteration of Claude, Claude 3.7 Sonnet, is the first hybrid reasoning model available on the market, Anthropic said in a Monday (Feb. 24) blog post.

Claude 3.7 Sonnet can either respond nearly instantaneously or provide extended, step-by-step thinking that is made visible to the user, the post said. It is available on the free and paid plans, however, extended thinking mode is only available to users on paid plans.

Anthropic is also introducing Claude Code, a command line tool for agentic coding. Claude Code enables developers to delegate engineering tasks to Claude directly from their terminals but...

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