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Ex-OpenAI execs raise $450 million for Anthropic, a rival A.I. venture backed by Google



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Dario Amodei of Anthropic, right, arrives to the White House for a meeting with Vice President Kamala Harris on artificial intelligence, Thursday, May 4, 2023, in Washington.Evan Vucci | APAnthropic, an artificial intelligence startup founded in 2021 by former OpenAI research execs, is taking full advantage of the market hype.The company on Tuesday said it raised $450 million, which marks the largest AI funding round this year since Microsoft’s investment in OpenAI in January, according to PitchBook data. related investing news 3 hours agoDespite a dramatic slowdown in the market for startup financing since early 2022, venture investors are still pouring cash into companies with a compelling story in generative AI, as Microsoft, Google and others race to embed new AI models into their core products.Google is among the lead investors in Anthropic’s latest funding round, alongside Salesforce Ventures, Zoom Ventures and Spark Capital. The announcement comes two months after Anthropic raised $300 million in funding at a $4.1 billion valuation.A month before that, Google invested $300 million in the company, taking a 10% stake. Notably, the backer is listed as Google and not one of the Alphabet’s investment arms, GV or CapitalG.Anthropic is the company behind Claude, a rival chatbot to OpenAI’s ChatGPT. It was founded by Dario Amodei, OpenAI’s former vice president of research, …

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