Anthropic, an artificial intelligence company valued at $380 billion, is now one of the most valuable startups alongside OpenAI and SpaceX. The company raised $30 billion in funding, led by GIC and Coatue, with investments from Nvidia and Microsoft. Anthropic plans to use the funds to build enterprise-grade products and AI models. Despite not being profitable, the company projects $14 billion in sales next year. Anthropic was founded by ex-OpenAI employees and aims to focus on the safety of artificial general intelligence. Both Anthropic and OpenAI are eyeing potential IPOs, with the first mover likely to attract significant attention and scrutiny from public markets.

Read more at Yahoo Finance: Anthropic hits a $380B valuation as it heightens competition with OpenAI