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Anthropic Valuation Set to Exceed $900 Billion, Surpassing OpenAI on May 23

GateNews
AI Industry News

According to Bloomberg, Anthropic is nearing completion of a new funding round that would value the AI startup at over $900 billion, surpassing OpenAI to become the world's most valuable AI unicorn. The funding will primarily support expansion of AI infrastructure to meet surging usage demands.

According to the Wall Street Journal, Anthropic's second-quarter revenue is projected to reach $10.9 billion, more than double the previous quarter, positioning the company toward its first profitable quarter.

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