CNBC May 23, 2023
Key Points
– Anthropic, an OpenAI rival, announced a $450 million funding round on Tuesday, with backing from Google.
– It’s the year’s largest AI funding round since Microsoft’s investment in OpenAI in January, according to PitchBook data.
– The company was founded in 2021 by ex-OpenAI research execs.
Anthropic, an artificial intelligence startup founded in 2021 by former OpenAI research execs, is taking full advantage of the market hype.
The company on Tuesday said it raised $450 million, which marks the largest AI funding round this year since Microsoft’s investment in OpenAI in January, according to PitchBook data.
Despite a dramatic slowdown in the market for startup financing since early 2022, venture investors are still pouring cash...
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