OpenAI rival Anthropic has officially closed a deal to raise $3.5 billion at a valuation of $61.5 billion, the company told Bloomberg — cementing its place as one of the largest startups in the world.

The announcement follows new fund-raising efforts from rivals like OpenAI, which is set to close a deal that values the company at $300 billion, and Elon Musk’s xAI.

AI start-up Anthropic has raised $3.5bn in its latest funding round a week after announcing the launch of its latest GenAI model.

The lawsuit filed by music publishers against AI company Anthropic certainly doesn't seem to be restricting its ability to raise money.

The Series E deal comes less than two months after the company raised $1 billion from Google LLC. Two months before that, Amazon.com Inc. doubled its investment in Anthropic to $8 billion. Amazon Web Services became the artificial intelligence provider’s primary cloud provider last September.

Anthropic on Monday closed its latest funding round at a $61.5 billion post-money valuation, the company confirmed to CNBC. The $3.5 billion round was led by Lightspeed Venture Partners, and other investors included Salesforce Ventures,

All eyes are on Anthropic this morning as it closed a deal to raise $3.5 billion in fresh capital. The latest funding round valued the OpenAI rival at a whopping $61.5 billion. Anthropic’s new milestone underscores continued interest in artificial intelligence startups that many believe will shape the future of technology.