- Anthropic is raising $10 billion in another round of funding.
- The company is now valued at $350 billion.
As first reported by WSJ, Anthropic is raising $10 billion in funding, which values the company at $350 billion. WSJ says “Anthropic is expected to go public this year.”
Meanwhile, Anthropic (1) reached a $1.5 billion settlement with the Bartz class (that will be up for the court’s final approval this spring), (2) is poised to file summary judgment motions this spring in the Concord Music v. Anthropic case, and (3) was sued again by a handful of book authors who opted out of the Bartz class settlement.
All told, Anthropic is in a better position that OpenAI, which still faces upwards of 15 or more copyright lawsuits in the MDL litigation. And, as WSJ reported, “Anthropic expects to break even for the first time in 2028, putting it on track to turn a profit quicker than OpenAI[.]”