Claude AI AI News & Updates

Anthropic Doubles Funding Target to $20B, Valuation Soars to $350B

Anthropic is raising its venture capital funding target from $10 billion to $20 billion due to strong investor demand, which would value the AI company at $350 billion. The company, known for its Claude AI assistant and Claude Code products, expects the funding round to close soon with participation from major investors including Sequoia Capital, Singapore's sovereign wealth fund, and Coatue. This follows a previous $13 billion raise in September that valued the company at $183 billion, and comes as Anthropic prepares for a potential IPO later this year.

Anthropic CSO Jared Kaplan to Discuss Hybrid Reasoning Models at Tech Conference

Anthropic co-founder and Chief Science Officer Jared Kaplan will speak at TechCrunch Sessions: AI on June 5 at UC Berkeley. He will discuss hybrid reasoning models and Anthropic's risk-governance framework, bringing insights from his background as a theoretical physicist and his work developing Claude AI assistants.