Anthropic, an artificial intelligence startup, has raised $450 million from investors including Alphabet Inc’s Google and Spark Capital. This brings the company’s total funding to nearly $1 billion, valuing it at nearly $5 billion. Foundation models are the next wave in AI, trained on a vast quantity of data that can be used for different tasks with minimal fine-tuning. Zoom Video Communications Inc, Salesforce and Sound Ventures are among the investors in the round. Google, which is developing its own foundation model, returns after participating in Anthropic’s last round. Yasmin Razavi, a general partner at Spark Capital, has joined Anthropic’s board of directors.
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