Bloomberg: Anthropic plans to conduct an employee stock buyback at a valuation of $350 billion and aims to raise over $20 billion

According to Bloomberg, Anthropic plans to conduct an employee stock buyback at a valuation of $350 billion. Meanwhile, the company is in the process of a funding round that is expected to raise over $20 billion. This buyback offer will allow Anthropic's employees to cash out a portion of their equity in the company.

Insiders revealed that the $350 billion valuation is the same as the valuation discussed in the ongoing funding and is a pre-money valuation, meaning it does not include the funds already raised.