Anthropic reaches valuation of $965bn, beating OpenAI to become world’s most valuable AI firm

Anthropic, the company behind Claude (a large language model, or LLM, which is an AI trained on massive amounts of text to generate human-like responses), raised $65 billion in funding and is now valued at $965 billion, making it the world's most valuable AI startup. The company's growth has been driven by widespread adoption of its products by large businesses, especially after releasing powerful coding tools recently.