AI firm Anthropic valued at $183bn after $13bn raise

Anthropic has closed a deal to raise $13 billion from investors in a new funding round that nearly triples its valuation to $183 billion, including dollars raised - a larger-than-expected haul that makes the AI company one of the most valuable startups in the world.

The financing, one of the largest to date for an AI company, was led by investment firm Iconiq Capital alongside co-leads Fidelity Management and Research and Lightspeed Venture Partners. Other participants in the round included Singapore's GIC, Insight Partners, and Qatar Investment Authority.