Wednesday, May 24, 2023

Google-backed Anthropic raises $450 million in latest AI funding

The latest round brings Anthropic's total funding to nearly $1 billion, making it one of the most well-funded AI startups. The company did not disclose its valuation, but sources put it at nearly $5 billion.

from Tech-Economic Times https://ift.tt/YpoWRir

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Softbank Group launches over $10 billion in bonds for OpenAI investment, term sheet shows

The dollar-denominated notes are split into 3-1/2-year, 5-1/2-year and 7-1/2-year tenors, while the euro-denominated bonds are split into 4-...