May 23 (Reuters) – Google parent Alphabet (GOOGL.O)-backed artificial intelligence startup Anthropic said on Tuesday it had raised $450 million in a sign of a recent recovery in the startup funding space. .
According to PitchBook data, the company has raised $1 billion in total funding to date, putting the company at a $4 billion valuation.
Interest in artificial intelligence has increased since Anthropic rival OpenAI launched ChatGPT last year, but regulators are concerned the technology could be used to spread misinformation.
Founded by former Microsoft (MSFT.O)-backed OpenAI executives, Anthropic says its AI systems are safe because they don’t teach users how to craft weapons or use racist language. said.
The latest funding round was led by Spark Capital, with participation from Google, Salesforce Ventures, Sound Ventures, Zoom Ventures and others, Anthropic said in a statement.
Spark Capital general partner Yasmin Razavi has joined Anthropic’s board of directors.
Optimism that the US Federal Reserve (Fed) is nearing the end of its rate-hiking cycle is fueling sentiment among venture capitalists, and the private placement market is starting to show signs of recovery.
Zoom Video Communications (ZM.O) announced last week that it would invest an undisclosed amount in Anthropic to integrate the startup’s technology into its video conferencing platform.
Recently, Restaurant365 and SageSure completed a multi-million funding round, achieving unicorn status.
Reported by Jaiveer Singh Shekwat in Bangalore and Crystal Fu in New York.Editing: Shweta Agarwal
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