Wait till the fat lady sings then we will know who are the suckers throwing the money to burn ...he he he :-)
Sequoia to Join GIC, Coatue in Anthropic Investment, FT Reports
UPDATE 1-Sequoia to join GIC, Coatue in Anthropic investment, FT reportsAdds further details from the second paragraph. Jan 18 - Venture capital firm Sequoia is joining Singapore's GIC and U.S. investor Coatue in a funding round for Anthropic which aims to raise $25 billion at a $350 billion valuation, the Financial Times reported on Sunday, citing sources familiar with the matter. Singapore's sovereign wealth fund GIC, and Coatue will contribute $1.5 billion each for the Claude chatbot-maker, the newspaper said.Sequoia, Anthropic, GIC and Coatue did not immediately respond to a Reuters request for comment. Reuters could not immediately verify the report.for up to $15 billion from Microsoft MSFT.O and Nvidia NVDA.O. Insatiable demand for AI and growing enterprise adoption has driven tech spending higher globally, pushing valuations of AI startups like Anthropic to record levels, even as concerns about an AI bubble loom.Anthropic last raised $13 billion in a Series F round that valued
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