Anthropic plans to raise $10 billion at a valuation of $350 billion

Artificial intelligence startup Anthropic plans to raise $10 billion in a new funding round, which values the company at $350 billion before securing new investments. Sources say that Singapore's sovereign wealth fund GIC and Cotai Management are set to lead this financing.

This funding round is expected to be completed in the coming weeks, and the total amount of the deal may vary. The company raised $13 billion from investors in a funding round last September, when its valuation nearly tripled to $183 billion.