Anthropic launches $100 million AI fund with Menlo Ventures, ramping up competition with OpenAI
Anthropic and one of its biggest investors are teaming up to back early-stage startups, and get them using the AI company's technology.
Anthropic and one of its biggest investors are taking a page from Apple's playbook.
The artificial intelligence startup and Menlo Ventures are launching a $100 million fund on Wednesday to back early-stage startups, and get them using the AI company's technology. Menlo will put up the cash to invest in the startups, while Anthropic will give founders $25,000 in credits that go toward using its large language models.