Google-Backed AI Startup Anthropic Secures $450M In Series C Funding

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  • Artificial intelligence startup Anthropic has raised $450 million in Series C funding led by Spark Capital with participation from Alphabet Inc GOOGGOOGL, Salesforce Ventures, Sound Ventures, Zoom Ventures, and others.
  • With this series C funding, the company hopes to expand its product line, assist companies that will responsibly deploy Claude, and advance the field of AI safety research. 
  • Claude is an AI assistant that can perform various conversational and text-processing tasks.
  • Related: Zoom Invests In Another AI Startup, Expands AI Capabilities In Customer Support Center
  • Anthropic is also building new features like 100K context windows, which lets you submit hundreds of pages of materials for Claude to digest and analyze. 
  • Yasmin Razavi, a General Partner at Spark Capital focused on growth-stage software investments, joined Anthropic's Board of Directors.
  • Price Action: GOOG shares are trading lower by 0.86% at $122.23 premarket on Wednesday.
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