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Anthropic is chasing a $350 billion valuation backed by Sequoia and Microsoft

Anthropic is chasing a $350 billion valuation backed by Sequoia and Microsoft

In a move that has the financial and tech worlds of Silicon Valley on their toes, the AI startup Anthropic, developer of the popular chatbot Cloud, is poised to close one of the largest funding deals in the history of the modern technology sector. According to the Financial Times, Sequoia Capital, the venture capital giant, plans to invest heavily in a funding round aimed at raising at least $25 billion. This move not only reflects confidence in Anthropic's technologies but also signals a radical shift in how tech startups are valued, with the company's estimated value in this deal reaching a staggering $350 billion. Anthropic's Roots and Story of Defiance Anthropic was founded in 2021 by a group of dissidents and former employees of OpenAI, following disagreements over the company's ethical vision and its focus on quick profits. From the outset, Anthropic focused on building language models with "constitutional safety," making its robot, Cloud, a formidable…

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