Related News

US plans N-reactors in space orbit by 2028, on moon in 2030

MUMBAI: Three days after the successful splashdown of Artemis-2, the Trump administration on Tuesday issued a memorandum which among other things includes safely deploying nuclear reactors in space orbit as

Small galaxies, big questions: Study probes black holes in dwarf systems

BENGALURU: In the vast hierarchy of the universe, the smallest galaxies are often overlooked. But a new study now suggests they may hold clues to one of astronomy’s most persistent

Global Liver Disease Cases Reach 1.3 Billion in 2023: A Surge of 143% Since 1990 |

An AI-generated image used for representation purposes only. NEW DELHI: About 1.3 billion people around the world were living with Metabolic dysfunction-associated steatotic liver disease (MASLD) in 2023, marking a

10 mysteries hidden beneath the ocean floor that scientists still can’t explain

Our oceans encompass over 70 per cent of the Earth’s surface area; however, the depths of the oceans represent one of mankind’s most mysterious frontiers. Under thousands of meters of

Chilling space facts that will stay in your mind long after reading

Although many people consider the cosmos to be a peaceful, stunning environment, the truth behind its appearance offers an incomprehensible universe with extreme events. For instance, there are the undead

Who is Amit Kshatriya? Indian-American Nasa official behind historic Moon mission

Indian-American space scientist Amit Kshatriya holds a senior leadership position at Nasa, an agency that has recently completed the Artemis II mission, a significant step in its renewed human lunar

Anthropic signs term sheet for $10 billion at $350 billion valuation

Word Count: 158 | Estimated Reading Time: 1 minute

xAI closes $20 billion funding round as Anthropic secures new investors

Anthropic has signed a term sheet for a $10 billion funding round at a $350 billion valuation, CNBC confirmed on Wednesday.

Coatue and Singapore’s sovereign wealth fund GIC are leading the financing, according to a source familiar who asked not to be named because the discussions are confidential.

A representative for Anthropic declined to comment. The Wall Street Journal was first to report the funding round.

Anthropic was founded in 2021 by former OpenAI research executives, including its CEO, Dario Amodei. The company is best known for developing a family of large language models called Claude.

Amazon has invested billions of dollars into Anthropic, and in November, Microsoft and Nvidia announced plans to invest up to $5 billion and up to $10 billion, respectively.

Anthropic is racing to stay ahead of competitors like Google and OpenAI, which has seen its valuation swell to $500 billion. Anthropic released three new models — Claude Sonnet 4.5, Claude Haiku 4.5 and Claude Opus 4.5 — late last year.