Anthropic eyes close to $5 billion in new funding round

Artificial intelligence company Anthropic is close to raising nearly $5 billion in a funding round led by investment firm Iconiq Capital, valuing the startup at $170 billion, Bloomberg News reported on Thursday.

Iconiq Capital will reportedly invest about $1 billion in the deal while Qatar Investment Authority and Singapore’s sovereign fund GIC may also participate in the round. Other potential investors include Amazon, which has previously held major funding for the startup.

To be updated