Anthropic completed a $3 billion financing round at a valuation of $38 billion.

Anthropic has completed a round of financing, raising $3 billion from investors at a valuation of $380 billion. This round of financing has nearly doubled Anthropic's valuation, making it one of the most valuable private technology companies in the world. Investors include the Singapore sovereign wealth fund GIC and Coatue Management. Anthropic plans to use this investment to continue building enterprise products and models, with its annual revenue increasing to $14 billion. The company also allows employees to sell their shares at the same valuation in this round.