With the backing of prominent investors like Google and Salesforce, Anthropic has completed a $450 million Series C funding round.

Anthropic has successfully raised $450 million in a Series C funding round, led by Spark Capital, with participation from Google and Salesforce Ventures. May 24, 2023 at 8:00 am original

Pitchbook reports that this latest infusion of capital values Anthropic at around $4 billion. The total funds raised by the company now amount to $1 billion, and this new investment will be allocated to further developing its AI assistant, Claude, as well as expanding its workforce in product and research divisions.

article for precise information. Sound Ventures Earlier reports indicated that Spark Capital was at the helm of a $300 million fundraising effort for Anthropic, with the company being valued at $4.1 billion.

"We are excited to have leading investors and tech powerhouses supporting our vision here at Anthropic: to push forward artificial intelligence research and products focused on safety. The systems we’re actively developing are crafted to offer dependable AI solutions that can beneficially affect both businesses and consumers, now and beyond,\" stated Dario Amodei, CEO of Anthropic.

As part of the Series C funding arrangement, Yasmin Razavi, a General Partner at Spark Capital concentrating on growth-stage tech investments, will now be a member of Anthropic's Board of Directors.

"Anthropic has gathered an exceptional technical team committed to creating safe and effective AI systems. The overwhelmingly favorable reception of our products and research underscores AI's significant potential in fostering a prosperous future for society. I’m thrilled to become part of their Board,\" Razavi remarked.

, Zoom Ventures, and others. This announcement comes after Part of the funding will go towards expanding Anthropic's suite of products, supporting enterprises that implement Claude responsibly, and advancing research in AI safety. The team at Anthropic is diligently exploring alignment techniques for AI, ensuring that these systems can handle challenging dialogues, adhere to exact commands, and maintain transparency regarding their actions and limitations.

Founded by a group of former OpenAI employees in early 2021, Anthropic is dedicated to crafting trustworthy AI solutions while researching both the opportunities and challenges of AI technology. Recently, the company launched an updated version of Claude, its competitor to ChatGPT, enhancing its ability to process up to 100,000 text tokens, which translates to roughly 75,000 words. The Information According to the

Thanks to the recent updates, users are now able to present hundreds of pages of content for Claude to analyze and understand. Not only can Claude read long passages, but it can also extract specific data from the text. Additionally, users can input multiple documents or even an entire book into the system and inquire about complex topics that require synthesizing information from various sections of the text.

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