Anthropic Eyes $150B Valuation, Boosting FTX's Former Stake

Anthropic Seeks Massive Valuation Boost in New Funding Round

Anthropic, a leading AI startup, is reportedly in preliminary discussions to raise between $3 billion and $5 billion in a new funding round. According to the Financial Times, this round could value the company at over $150 billion.

This news comes just four months after Anthropic's Series E funding, where it raised $3.5 billion at a $61.5 billion valuation led by Lightspeed Venture Partners. If successful, the new round would more than double Anthropic’s valuation in a remarkably short time.

At a $150 billion valuation, FTX’s former 8% stake in Anthropic, which was sold for $1.3 billion last year, would now be worth over $12 billion.

Details on the FTX Stake Sale

The buyer of FTX's stake was a UAE-based fund linked to MGX, Abu Dhabi’s sovereign AI investment arm. The Wall Street Journal reported that MGX acquired the stake from FTX. The Financial Times indicates that MGX is looking to participate in this new funding round.

The State of AI Investment and Profitability

Anthropic, similar to its competitor OpenAI, is currently unprofitable, with significant cash burn due to the costs of training and deploying advanced AI models. Despite this, the potential funding round would solidify Anthropic's position as one of the most valuable AI firms globally.

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