Anthropic announced on Wednesday that it received up to $15 billion in new
investments from Microsoft and Nvidia, raising its valuation to $350 billion,
up from $183 billion in September.
The three companies have formed a partnership worth billions to speed up the
development of AI models. As part of this deal, Microsoft and Nvidia will
invest up to $15 billion in Anthropic, a major competitor to OpenAI, whose AI
models are popular with coders and businesses.