- Artificial intelligence startup Anthropic has raised $450 million in Series C funding led by Spark Capital with participation from Alphabet Inc (NASDAQ:GOOG)(NASDAQ:GOOGL), Salesforce Ventures, Sound Ventures, Zoom Ventures, and others.
- With this series C funding, the company hopes to expand its product line, assist companies that will responsibly deploy Claude, and advance the field of AI safety research.
- Claude is an AI assistant that can perform various conversational and text-processing tasks.
- Related: Zoom Invests In Another AI Startup, Expands AI Capabilities In Customer Support Center
- Anthropic is also building new features like 100K context windows, which lets you submit hundreds of pages of materials for Claude to digest and analyze.
- Yasmin Razavi, a General Partner at Spark Capital focused on growth-stage software investments, joined Anthropic’s Board of Directors.
- Price Action: GOOG shares are trading lower by 0.86% at $122.23 premarket on Wednesday.
Centers for Medicare & Medicaid Services Lowers Cut To Medicare Advantage Payments In 2024
The U.S. government announced on Friday a lower-than-expected 1.1% average cut of 2024 reimbursement rates for health insurers.