The Funded: AI chatbot developers Anthropic and Character … – The Business Journals
Megarounds of $100 million or more have become scarce in the Bay Area of late, but a pair of them are reportedly in the works.
The deals would involve a pair of artificial intelligence startups — Anthropic Inc. and Character Technologies Inc. Anthropic is in talks to raise $300 million, The New York Times reported Monday. Character Technologies is negotiating a $250 million round, according to The Information on Friday.
The deal for San Francisco-based Anthropic would come about 10 months after it raised $580 million in a Series B round led by former FTX Ltd. CEO Sam Bankman-Fried. Because FTX is now in bankruptcy and Bankman-Fried has been accused of stealing customer funds to make investments such as in Anthropic, the AI startup faces the possibility of having to return his investment.
Anthropic is an AI research outfit founded by former OpenAI LLC employees. It’s developed a chatbot rival to OpenAI’s ChatGPT that’s designed to be more attuned to safety and legal issues than its…
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