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Anthropic, the OpenAI rival, is in talks to raise $750 million in funding at an $18.4 billion valuation

Anthropic, the OpenAI rival, is in talks to raise $750 million in funding at an $18.4 billion valuation

Omar Marques | Lightrocket | Getty Images

Anthropic, the OpenAI rival founded by ex-OpenAI employees, is in talks to raise a $750 million funding round led by Menlo Ventures, a person with direct knowledge of the matter told CNBC.

The round would value Anthropic at up to $18.4 billion, per the source familiar — nearly 4.5x the startup’s $4.1 billion valuation earlier this year.

News of the fundraise was previously reported by

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