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The Nexus
BUSINESSMay 29 · 17:04 UTCSEMAFORReed Albergotti

What’s behind Anthropic’s $65B raise?

Anthropic raised $65 billion at a $965 billion valuation, with Iqonic Capital's Matt Jacobson highlighting challenges in meeting demand through compute resources and supply-chain bottlenecks. A $1.25 billion monthly deal with xAI temporarily addressed compute needs, but ongoing issues with chips, energy, and other infrastructure persist as AI companies approach public listings.

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