Anthropic in Talks to Raise $750 Million, Led by Menlo Ventures

Artificial intelligence startup Anthropic is in talks to raise $750 million in funding at a valuation of as much as $18.4 billion, according to people with knowledge of the matter, continuing a streak of investments as it develops a chatbot emphasizing safety and responsible AI.

The potential deal, being led by Silicon Valley venture capital firm Menlo Ventures, has not yet been finalized, said the people, who asked not to be identified because the information isn’t yet public. The investment was reported earlier by The Information. Anthropic declined to comment, and Menlo didn’t respond to a call seeking comment.

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