The article discusses the potential valuation of Anthropic, an artificial intelligence startup co-founded by Elon Musk, after a new funding round. According to the report, Anthropic is seeking to raise $300 million in a new funding round, which could value the company at around $5 billion. The startup has already raised over $200 million from investors, including Dustin Moskovitz, a co-founder of Facebook, and Sam Altman, the CEO of OpenAI. Anthropic is working on developing advanced AI systems that can engage in open-ended dialogue and tackle complex tasks. The company’s approach focuses on making AI systems more transparent and interpretable, a concept known as “explainable AI” or XAI. The article also provides a chart showing Anthropic’s valuation history, starting from its inception in 2021 with a valuation of around $100 million.
Source: https://www.businessinsider.com/elon-musk-xai-startup-valuation-history-chart-2024-11