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 startup Anthropic is seeking $3.5 billion in a funding round that would value it at $61.5 billion, two sources familiar with the matter told Reuters on Monday.

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,

Anthropic said Monday it raised $3.5 billion in its latest funding round, giving the Amazon- and Google-backed AI startup a $61.5 billion post-money valuation. Lightspeed Venture Partners led the funding round,

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.