Skip to content
Bull Bear Daily

Bull Bear Daily

Primary Menu
  • Home
  • Business
  • Domestic
  • Economy
  • Money
  • Politics
  • Top News
  • Newsletters
  • Home
  • 2025
  • January
  • 7
  • Anthropic to raise $2 billion in deal valuing AI startup at $60 billion, WSJ says
  • Business

Anthropic to raise $2 billion in deal valuing AI startup at $60 billion, WSJ says

Bull Bear Daily January 7, 2025
2025-01-07T182252Z_1_LYNXMPEL060NZ_RTROPTP_4_ANTHROPIC-AI

(Reuters) -AI startup Anthropic is in advanced talks to raise $2 billion in a deal valuing the OpenAI rival at $60 billion, the Wall Street Journal reported on Tuesday, citing people familiar with the matter.

Venture capital firm Lightspeed Venture Partners is leading the funding round, the report said. Anthropic was valued at around $18 billion in a fundraise led by Menlo Ventures in 2024.

Anthropic, known for its generative AI chatbot Claude, said it did not have a comment on the report when contacted by Reuters.

Amazon.com late last year doubled its investment in the startup to $8 billion, as the e-commerce giant went up against Big Tech rivals in a race to capitalize on GenAI technology.

Anthropic, co-founded by former OpenAI executives and siblings Dario and Daniela Amodei, said in 2023 it had secured a $500 million investment from Alphabet, which promised to invest another $1.5 billion over time.

Microsoft-backed OpenAI triggered an AI arms race after it launched ChatGPT in November 2022. The growing popularity of the company and new product launches helped it close a $6.6 billion funding round in October, potentially taking its valuation to $157 billion.

(Reporting by Akash Sriram in Bengaluru and Juby Babu in Mexico City; Editing by Devika Syamnath and Alan Barona)

About the Author

Bull Bear Daily

Administrator

Visit Website View All Posts

Post navigation

Previous: US to award $306 million for bird flu monitoring and preparedness
Next: Tech group urges US to halt rule that would limit global access to AI chips

Related Stories

2025-08-22T130058Z_1_LYNXMPEL7L0IA_RTROPTP_4_EU-RUSSIA-FERTILISER-1
  • Business
  • Economy

European farmers facing higher costs after EU tariffs on Russian fertiliser imports

Bull Bear Daily August 22, 2025
2025-08-20T121336Z_1_LYNXMPEL7J0J7_RTROPTP_4_HERTZ-RESULTS
  • Business

Hertz partners with Amazon Autos to sell used vehicles online

Bull Bear Daily August 21, 2025
2025-08-21T204642Z_1_LYNXMPEL7K0XF_RTROPTP_4_ZOOM-RESULTS-1
  • Business

Zoom Communications lifts annual forecasts on robust demand for AI tools

Bull Bear Daily August 21, 2025

Live Market Pulse

The charting technology is provided by TradingView. Learn how to use theTradingView Stock Screener.

Sign up for our free Bull Bear Daily Newsletter!

Discover new market trends and ideas directly to your inbox.

Recent Posts

  • Tesla’s cheaper Model Y faces crowded field in Europe
  • UN chief tells countries new climate targets must go ‘futher, faster’
  • Capital One $425 million settlement with depositors should be rejected, US states say
  • Dollar extends post-Fed rebound; sterling hit by fiscal worries
  • BWX Technologies secures naval nuclear reactor component contract worth up to $2.6 billion

You may have missed

  • Newsletters

Tesla’s cheaper Model Y faces crowded field in Europe

Bull Bear Daily October 8, 2025
2025-09-24T180509Z_1_LYNXNPEL8N0W3_RTROPTP_4_UKRAINE-CRISIS-UN
  • Uncategorized

UN chief tells countries new climate targets must go ‘futher, faster’

Bull Bear Daily September 24, 2025
2025-09-24T180137Z_2_LYNXNPEL8N0W1_RTROPTP_4_CAPITAL-ONE-FIN-SETTLEMENT-2
  • Uncategorized

Capital One $425 million settlement with depositors should be rejected, US states say

Bull Bear Daily September 24, 2025
  • Newsletters

Dollar extends post-Fed rebound; sterling hit by fiscal worries

Bull Bear Daily September 19, 2025
  • Home
  • Privacy Policy
  • Terms of Service
  • Disclaimer
  • Contact Us
  • Home
  • Privacy Policy
  • Terms of Service
  • Disclaimer
  • Contact Us
Copyright 2025 © All rights reserved | Bull Bear Daily | bullbeardaily.com