Amazon-backed (AMZN) Anthropic has agreed terms for a $30 billion fundraising round that would value the company at $900 billion, the Financial Times reported Thursday, citing people with knowledge of the matter.
The artificial intelligence company was approached by investors in April, with Chief Financial Officer Krishna Rao holding discussions with prospective backers in the past two weeks, the report added, citing unnamed sources.
The deal is expected to close as soon as this month, with four co-leads set to invest at least $2 billion each, the people reportedly said.
Additional investors are being lined up for the remaining capital, the report said, adding that the terms are still subject to change before the deal is announced.
Anthropic and Amazon.com didn't immediately reply to' request for comment.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
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