# AI funding
Latest news and articles about AI funding
Total: 5 articles found
Anthropic’s $30bn War Chest and OpenAI’s Chip Diversification Signal a New Phase in the AI Arms Race
Anthropic has raised $30 billion at a roughly $380 billion valuation to accelerate research and infrastructure, while OpenAI released GPT‑5.3‑Codex‑Spark on Cerebras hardware to lessen its reliance on Nvidia. The moves underscore a shift toward capital‑heavy model development and strategic chip diversification, with Chinese firms simultaneously open‑sourcing large models and pushing robotics and embodied AI.
Mega‑raise and a chip pivot: Anthropic grabs $30bn as OpenAI tests non‑Nvidia silicon
Anthropic has closed a $30 billion Series G at a roughly $380 billion valuation to fund research and infrastructure, while OpenAI has released GPT‑5.3‑Codex‑Spark built to run on Cerebras chips, signalling a strategic push to diversify away from Nvidia. Simultaneous Chinese moves — open‑sourcing large models and new robotics funding — highlight global competition on models, hardware and deployment.
Alphabet Taps Debt Market for $20bn AI War Chest as OpenAI Readies ChatGPT Upgrade
Alphabet plans to raise about $20 billion through dollar bonds, including very long-dated tranches, to fund AI and other growth initiatives. The move coincides with OpenAI reporting renewed user-growth momentum and preparing to release an upgraded chat model, underlining an intensifying AI competition that is reshaping corporate finance decisions.
SoftBank Eyes Up to $30bn Bet on OpenAI as Valuation Nears $830bn
SoftBank is negotiating a potential investment of up to $30 billion in OpenAI that could value the company at about $830 billion. The move would mark one of the largest private bets on an AI firm, accelerating compute and product expansion but raising questions about valuation sustainability, market concentration and regulatory scrutiny.
Anthropic’s Big Bet: $20bn Fundraise Propels AI Rival to a $350bn Valuation
Anthropic is lining up about $20 billion in investor commitments at a roughly $350 billion valuation, twice its initial fundraising target and driven by strong demand from institutional investors. The round, led by GIC and Coatue with large commitments from Microsoft and Nvidia, highlights investor confidence in Anthropic's enterprise focus even as the company readies an IPO and publicly emphasises AI safety.