Artificial intelligence company Anthropic said on Thursday it had raised $65 billion (€55.8bn) in private funding, pushing its valuation to $965bn (€829bn). This made the five-year-old maker of the Claude chatbot one of the world's most valuable start-ups as it moves towards a likely Wall Street debut.
The announcement vaults Anthropic ahead of its chief rival, ChatGPT maker OpenAI, both in market value and in reported revenue. Anthropic said it's now making annualised revenue of $47bn (€40.4bn) from selling its technology to people and organisations using Claude to write code and do other work and personal tasks on their behalf.