Iconiq set to lead $5bn funding round for AI start-up Anthropic
Deal would almost triple valuation of OpenAI’s rival to $170bn
Deal would almost triple valuation of OpenAI’s rival to $170bn

Chief executive Sam Altman refocuses AI company as Anthropic tests its early lead

Sam Altman’s $730bn start-up restocks its war chest for battle with Anthropic and Google

New consulting company to advise Wall Street groups on how to deploy its AI across their investment portfolios

AI companies seek more control over investors trying to access their blockbuster funding rounds

Rival to ChatGPT maker OpenAI has so far shunned Gulf sovereign investors that ‘enrich dictators’

Case will compensate authors but could raise costs of training large language models