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AI developer Anthropic raises $450 million in Series C funding

By Cornell Rachel
Dec 3, 2024
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On May 23, Anthropic, an artificial intelligence (AI) security and research company, announced a $450 million Series C round led by Spark Capital, with participation from Google, Salesforce Ventures, Sound Ventures and Zoom Ventures.

The developers say the funding will be used to build "useful, harmless and honest AI systems including Cloud, an AI assistant that can perform a variety of conversational and text processing tasks." The company is currently building new features, such as 100K context window the s , which allow users to submit hundreds of pages of material to be digested and analyzed by its digital AI assistant, Claude. Yasmin Razavi, a general partner at Spark Capital, will also join Anthropic's board of directors as part of the funding round.

OpenAI CEO Sam Altman, CTO Greg Brockman, and Chief Scientist Ilya Sutskever collectively warned that superhuman AI could be within a decade, writing, "We have to get it right." The experts also said, Stopping the allegedly inevitable development of artificial intelligence ence that creates superintelligence would require at least one global surveillance regime. According to Scott Zoldi, FICO's chief analytics officer, blockchain can help build safer AI models by documenting "the entire process of building these models, including their errors, corrections, and improvements." AI devices don't want to cause harm to people, but they often don't provide the necessary tools to ensure that doesn't happen."


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