Anthropic’s Ambitious $5B Plan to Take on OpenAI

Anthropic’s $4B plan over 4 years to compete with OpenAI

According to documents obtained by TechCrunch, AI research startup Anthropic plans to raise up to $5 billion in the next two-years to compete with rival OpenAI. It also wants to enter more than a dozen industries.

Anthropic claims in the deck that they plan to build a \”frontier-model\” — tentatively named \”Claude-Next\”, which is 10 times as powerful as today’s strongest AI. However, this will cost a billion dollars over the next 18-months.

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Anthropic’s $5B, 4-year plan to take on OpenAI