AI giant Anthropic reaches near-trillion dollar valuation

Artificial intelligence company Anthropic said it had raised $65 billion in a new funding round that values the Claude maker at $965 billion, more than its archrival OpenAI, the maker of ChatGPT.

The latest fundraising round confirms Anthropic's place as one of the most significant players in AI, with the startup led by Dario Amodei having drawn fans for its coding powers and state-of-the-art models.

Anthropic's rise came by doubling down on delivering generative AI to enterprise clients rather than general users, the path initially chosen by archrival OpenAI.

Founded by former OpenAI employees, including CEO Amodei, Anthropic has a special focus on AI safety even as it rushes out new products in order to remain in the AI race.