Bloomberg reports that Anthropic has upsized their newest funding round — previously aiming to raise up to $5 billion, and now “nearing a deal to raise as much as $10 billion in a new round of funding, according to people familiar with the matter.” This reinforces our observation that investors do not believe the upcoming class action copyright infringement trial brought by Bartz et al represents a “death-knell” situation that would force Anthropic into a massive settlement in order to avoid a ruinous judgement. In a filing from a week ago, the author plaintiffs made similar and more expansive arguments […]
