Anthropic Stake Propels Qatar’s $524 Billion Fund Deeper Into AI

When Anthropic went looking for more money to support its pursuit of building artificial intelligence models, the startup turned to a familiar network of venture capitalists. It also opened the door to a source of capital it had previously ignored: Middle Eastern sovereign wealth.

Anthropic named the Qatar Investment Authority as a “significant” investor in a $13 billion financing round that valued the company at $183 billion. That puts Doha’s wealth fund on a list that already includes Amazon.com Inc., Goldman Sachs Group Inc. and a slew of prominent venture capital firms, while vaulting Qatar into a race with its ...