Anthropic eyes $30 billion valuation with new Big Tech investment

Anthropic, the startup behind ChatGPT competitor Claude, is looking to raise an additional $2 billion in funding, according to The Information. Google, which acquired a 10% stake in the startup last year, is expected to make an additional investment in this latest funding round.

It remains unclear what kind of stake Amazon now owns in Anthropic, but the company said that it will not gain a board seat and that its holding will amount to a minority position. “We are excited to use AWS’s Trainium chips to develop future foundation models," he said in a statement.that became one of the fastest-growing social media apps in history when it launched last year. OpenAI, the company behind ChatGPT, has garnered a total of around $13 billion in investments from its own Big Tech giant: Microsoft

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