Anthropic closes in on $20B round

Anthropic is in the final stages of raising $20 billion in new capital at a valuation of $350 billion, Bloomberg reportsDue to demand from investors the company had to raise twice the amount it had set out to receive. The company raised $13 billion in equity funding. just five months agoBut intense competition among frontier…

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Anthropic reportedly upped its latest raise to $20B

Anthropic has doubled the amount of VC funding it aims to raise, FT report, Increasing the target from $10 billion to $20 billion. The round is expected to close soon, giving the company a valuation of $350 billion, sources told FT. Anthropic, which creates the popular AI Cloud and the equally popular Cloud Code, decided…

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The AI healthcare gold rush is here

AI companies are working in health care, and increasingly. Just last week, OpenAI Bought health startup TorchAnthropic launched cloud for healthcareand Sam Altman-backed MergeLabs closes $250 million seed round At an $850 million valuation. Money and products are being spent on health and voice AIBut there are also concerns about the risk of hallucinations, inaccurate…

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