
Iconiq Capital is set to lead a $5bn funding round for artificial intelligence start-up Anthropic that would value the company at $170bn, almost triple the valuation it achieved four months ago.
The investment group has submitted its proposed terms to Anthropic, according to two people with direct knowledge of the matter, in a deal that would make the four-year-old start-up one of the most valuable private technology companies in the world.
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