Anthropic Finalizes $30 Billion Funding at $380 Billion Value

Anthropic has completed a deal to raise $30 billion in funding from investors at a $380 billion valuation, including the money raised, bolstering the artificial intelligence company as it gains ground on rival OpenAI.

Singapore’s sovereign wealth fund GIC and Coatue Management led the deal, Anthropic said Thursday. D.E. Shaw & Co., Dragoneer Investment Group, Peter Thiel’s Founders Fund, Iconiq and MGX co-led the round, along with participation from a who’s who of other investors, from Sequoia Capitaland Lightspeed Venture Partners to Big Tech firms Nvidia Corp. and Microsoft Corp.

The latest funding round roughly ...