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Funding

Anthropic Plans $3.5 Billion Share Sale to Japanese Investors

Anthropic, the AI company behind the Claude chatbot, has filed plans to sell $3.5 billion worth of shares to investors in Japan as part of its public share offering. The money would go toward day-to-day running costs, spending on equipment and buildings, and general business needs.

Quick glossaryAnthropic, IPO, working capital
Anthropic
A US AI safety company best known for its Claude chatbot, which people use to write, research and answer questions.
IPO
The first time a private company sells its shares to ordinary investors on a stock market.
working capital
Money a business uses each month for everyday costs like paying staff, rent, bills and suppliers.
Economic Times Tech
Burning Potato score: 70%

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