Anthropic is preparing for a $20 billion investment round.

Anthropic Sets Higher Goals in New Funding Round

HANDE BERKTAN

Important player in the field of artificial intelligence, Anthropic, is preparing for a new funding round of $20 billion with intense interest from investors. If this funding round is successfully completed, the company's valuation is expected to reach $350 billion.

Targeted Fund Amount Doubles

The amount of funds targeted by the company has the potential to doubles due to investor demand. Notable funds expected to participate in the funding round include Altimeter Capital Management, Sequoia Capital, Lightspeed Venture Partners, Menlo Ventures, Coatue Management, Iconiq Capital, and Singapore's Sovereign Wealth Fund. A significant portion of the investment is anticipated to come from its strategic partners, Nvidia and Microsoft. Anthropic had raised $13 billion in equity funding just five months ago.

Investor Attention to Remarkable Achievements

Anthropic draws attention with recent successes, such as the Claude Code tool that increases coding efficiency for software engineers. Investors view the company's focus on AI solutions for the business world and the stability in its leadership structure as an attractive investment opportunity. Last week, the company's introduction of new models aimed at legal and business research heightened concerns about the potential of AI to transform the business world, affecting the stock prices of related publicly traded data companies.

Intensifying Competition Among Rivals

Another notable aspect of Anthropic is that its rival, OpenAI, is entering a $100 billion fundraising round. It is thought that both companies are preparing for an IPO ahead of significant activity this summer. It has been reported that Anthropic has started working with the Wilson Sonsini law firm for a potential IPO this year and has begun preliminary discussions with banks.