Anthropic in talks with investors to raise funds at $900 billion valuation, higher than OpenAI

Anthropic, an AI startup founded by former OpenAI employees, is in talks to raise funding at a $900 billion valuation, surpassing OpenAI's recent $852 billion valuation. The company has been racing to compete with OpenAI since ChatGPT's launch in 2022, and is now seeking capital primarily to purchase compute (computing power needed to train and run AI models) for its latest Claude AI model called Mythos, which has advanced cybersecurity capabilities.