Blackstone to increase investment in Anthropic to $1 billion, valuing the company at $350 billion - Bloomberg

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Investing.com – Blackstone Inc. is increasing its investment in artificial intelligence company Anthropic PBC, bringing its total investment at the company’s current valuation to approximately $1 billion.

According to Bloomberg, citing anonymous sources familiar with the matter, the world’s largest alternative asset manager is adding $200 million to Anthropic’s ongoing funding round at a valuation of $350 billion.

Anthropic, the developer of the Claude AI model, has surpassed its initial $10 billion funding target, which has more than doubled due to strong investor demand.

Blackstone’s additional investment reflects the growing interest of major financial institutions in the rapidly expanding AI sector, especially in companies developing large language models.

This article was translated with the assistance of artificial intelligence. For more information, please see our Terms of Use.

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