Anthropic Seeks $10B at $350B Valuation

Anthropic is reportedly seeking to raise $10 billion at a $350 billion pre-money valuation, with Coatue Management and GIC leading talks, the Wall Street Journal says. The move follows recent investments including up to $15 billion from Microsoft and Nvidia and a prior $13 billion, and accompanies plans for $50 billion in data centers and projected ARR of $9 billion by end-2025. If completed, the round could precede an IPO later this year.