Anthropic, the company behind the chatbot Claude, plans to raise $10 billion, nearly doubling its valuation to $350 billion. GIC and Coatue Management are leading this funding round, which follows a $13 billion investment in September. This funding is part of a broader trend of increasing investment in AI startups.

Google is negotiating a funding round that could value AI startup Anthropic at $350 billion, nearly doubling its previous valuation. The deal might involve strategic investments, additional cloud services, or a convertible note. Google currently holds a 14% stake in Anthropic and recently secured a major deal for AI computing access.

Anthropic closed a $30 billion funding round, bringing its valuation to $380 billion, more than double its worth from last September. The company, founded by ex-OpenAI researchers, is focusing on enterprise AI tools like Claude and aims to expand its infrastructure and product offerings in a competitive market.