Anthropic’s chief financial officer Krishna Rao says the company will use the surge of investments to continue building “enterprise-grade products” and AI models. It's behind ChatGPT maker OpenAI, valued at $500 billion. Both San Francisco-based AI companies trail rocket maker SpaceX, which recently merged with Musk's AI startup xAI, maker of the chatbot Grok. While OpenAI has dabbled in a number of revenue models, including digital advertising, Anthropic has tailored Claude products to be a workplace assistant on tasks such as software engineering. Anthropic also this week announced a new $20 million bipartisan organization to influence AI regulation in the United States.

Source: Mint February 13, 2026 07:47 UTC