Anthropic reportedly nears $170B valuation with potential $5B round

An anthropic is near a deal between $ 3 billion and 5 billion dollars, which evaluates $ 170 billion to the big language model developer, Bloomberg told,

IconIQ Capital is leading this funding round, but the second lead investor to join the deal is likely. According to the report, the company is also interacting with Qatar Investment Authority and Sovereign Wealth Fund of GIC, Singapore.

If finalized, the deal would be an almost triple anthropic evaluation, which was $ 61.5 billion An announcement was made in March after a $ 3.5 billion funding round led by LightSpeed Venture Partners. Other participants in the final round of the startup included Besmer Venture Partners, Cisco Investments, D1 Capital Partners, Fidelity Management and Research Company, General Catalist, Jane Street, Menlo Ventures and Salesforce Ventures.

Despite his mission as a security-conscious AI model developer, Anthropic CEO Dario Amodi recently confessed to the employees in a memorandum, reported, reported, reported By wiredThat it is “not thrilled” about taking money from dictatorial governments sovereign money funds.

To keep pace with large scale capital requirements to develop AI models, the company has been forced to turn towards the Middle Eastern capital.

“Unfortunately, I think ‘any bad person should never benefit from our success’ is a very difficult principle to run a business,” Amodi has written in a leaked memo.

Anthropic did not respond to a request for immediate comments.