AI hyperscaler Anthropic in in advanced talks to raise $2 billion led by Lightspeed Venture Partners at a $60 billion post-money valuation, as first reported by the WSJ. Why it matters: This would make Anthropic the world's seventh most valuable startup,

AI startup Anthropic is near a deal to raise an additional $2 billion at a price that values the company at $60 billion, sources said, months after its $4 billion funding from Amazon .

AI start-up Anthropic is nearing a deal to raise $2bn, a move that would place the three-year old company at a $60bn valuation.

OpenAI rival Anthropic is in advanced talks to raise $2 billion in a funding round that would value the startup at $60 billion, according to two people familiar with the matter.

CNBC and the Wall Street Journal cited sources as saying that investment could value the company at $60 billion. That’s more than three times the valuation Anthropic received last year in a funding round led by Menlo Ventures. Lightspeed Venture Partners is said to be leading the company’s latest raise.

The financing efforts follow new funding rounds by Elon Musk’s xAI and the market leader, OpenAI, which is now valued at $157 billion.

The company, which was co-founded by former OpenAI executives Dario and Daniela Amodei, secured a $2bn investment from Alphabet in 2023. "Anthropic nears deal to raise $2bn at $60bn valuation " was originally created and published by Verdict, a GlobalData owned brand.

Anthropic may be joining rival OpenAI with its own eye-popping valuation, but the hefty valuations for the two biggest AI startups obscure the fact that, for now, these companies are burning through billions in cash.