Tuesday, 02 January 2024 12:17 GMT

QIA Participates In Anthropic's Series F Fundraise Of $13Bn


(MENAFN- The Peninsula) QNA

San Francisco: Qatar Investment Authority (QIA) has invested in Anthropic, a leading AI Safety and Research company, and creators of the Claude family of AI models.

Anthropic's Series F fundraise of $13bn, led by ICONIQ, brings Anthropic's valuation at $183bn post-money and was co-led by Fidelity Management & Research Company and Lightspeed Venture Partners. The investment reflects Anthropic's unprecedented velocity and reinforces their position as the leading intelligence platform for enterprises, developers, and power users.

QIA joins significant investors in this round including Altimeter, Baillie Gifford, BlackRock, Blackstone, Coatue, D1 Capital, General Atlantic, General Catalyst, GIC, Growth Equity at Goldman Sachs Alternatives, Insight Partners, Jane Street, Ontario Teachers' Pension Plan, T. Rowe Price Associates, Inc. And T. Rowe Price Investment Management, Inc., TPG, WCM Investment Management, and XN.

Chief Financial Officer of Anthropic Krishna Rao said:“From Fortune 500 companies to AI-native startups, our customers rely on Anthropic's frontier models and platform products for their most important, mission-critical work.”

“We are seeing exponential growth in demand across our entire customer base. This financing demonstrates investors' extraordinary confidence in our financial performance and the strength of their collaboration with us to continue fueling our unprecedented growth.”

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