Posted 2/20/2024, 10:02:30 AM
AI Startup Anthropic Raises $7.3 Billion in Complex Deals With Tech Giants
- Anthropic, an AI startup, raised $7.3 billion in funding over the past year from investors like Google, Amazon, and Salesforce
- The deals had unusual structures - Anthropic agreed to use some investor technology and give them business
- Amazon committed $4 billion, Google $2 billion more, Menlo Ventures $750 million
- The funding frenzy highlights how AI is changing Silicon Valley deal-making
- The deals were very complex - "so complicated" per an Amazon executive involved