Artificial intelligence company Anthropic announced a $65 billion funding round, valuing the firm at $965 billion. This valuation places Anthropic ahead of competitor OpenAI.

Artificial intelligence company Anthropic announced on Thursday that it had raised $65 billion in a new funding round, valuing the Claude maker (founded by former OpenAI employees and led by Dario Amodei) at $965 billion and placing it ahead of rival OpenAI.