100 billion is simply not enough to distribute! Investors are rushing to add to Anthropic, and the frenzy of oversubscription is pushing funding to 20 billion US dollars.

According to sources familiar with the matter, the artificial intelligence startup company Anthropic PBC is finalizing the last details of a round of funding that could raise over $20 billion, with the earliest completion expected next week. Due to investor interest exceeding expectations, this rival of OpenAI initially sought to raise $10 billion, but is now expected to raise over double that amount, valuing the company at $350 billion. In the latest funding round for Anthropic, Coatue Management, the Singaporean government investment company (GIC), and Iconiq Capital have each contributed over $1 billion, in addition to strategic investors Nvidia and Microsoft injecting up to $15 billion. This latest funding round will nearly double Anthropic's previous valuation. Just five months ago, the company raised $13 billion - a reflection of the skyrocketing revenue operations rate of artificial intelligence startups, reaching over $9 billion last summer, leading investors into a frenzy. The deal has not been formally finalized yet, and the timing and specific terms may still change. It is expected that supporters of OpenAI, Altimeter Capital Management and Sequoia Capital, will also participate in this round of investment. Lightspeed Venture Partners and Menlo Ventures are also among the participants. Anthropic has just had a brilliant week, releasing a new AI model designed to optimize tasks for automating enterprise work, triggering a wave of billions of dollars in software and financial services industry sales. In the past year, Anthropic's coding agent (capable of writing software with minimal human intervention) has become the preferred tool for businesses and developers. Anthropic's coding capabilities are seen as potentially ushering in a new era of autonomous AI technology in the workplace, with investors betting that the company's tools will have a similar impact in other economic sectors. While Anthropic advances its latest round of funding and plans for employee stock acquisitions, its competitor OpenAI is also in talks to raise up to $10 billion, which would be another record-breaking AI funding round. Both companies have taken steps this year to prepare for an IPO. As AI valuations soar, businesses also face concerns about the substantial costs of investing in data centers, chips, and talent, which are necessary to support technology development; additionally, there are concerns about the nature of some funding from suppliers like Nvidia as "recycled funding."