Anthropic’s valuation jumps to a around $350 billion

The valuation of Anthropic jumped to about $350 billion on Tuesday after Microsoft and Nvidia signed new partnerships with the startup, according to Bloomberg. Microsoft said it will put up to $5 billion into the company, while Nvidia plans to add up to $10 billion, pushing the startup far beyond the $183 billion level it held in September. Microsoft made the announcement as it continues to widen its AI bets instead of relying only on OpenAI, where it already holds a stake valued at $135 billion, which represents roughly 27% of the for-profit business. The partnership with Anthropic gives Microsoft another major model developer in an industry now tied closely to cloud spending, GPU access and compute supply. Microsoft and Nvidia expand commitments with large compute deals Anthropic agreed to buy $30 billion worth of Azure compute capacity from Microsoft as part of the deal. The startup also secured the...

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