OpenAI rival Anthropic is reportedly in talks to raise $2 billion in new capital in a funding round led by Lightspeed Venture Partners.

AI startup Anthropic is near a deal to raise an additional $2 billion at a price that values the company at $60 billion, sources said, months after its $4 billion funding from Amazon .

The Amazon-backed OpenAI rival was valued at $18 billion last year.

OpenAI rival Anthropic is in advanced talks to raise $2 billion in a funding round that would value the startup at $60 billion, according to two people familiar with the matter.

(Reuters) -AI startup Anthropic is in advanced talks to raise $2 billion in a deal valuing the OpenAI rival at $60 billion, the Wall Street Journal reported on Tuesday, citing people familiar with the matter.

That’s more than three times the valuation Anthropic received last year in a funding round led by Menlo Ventures. Lightspeed Venture Partners is said to be leading the company’s latest raise. Anthropic develops a family of large language models called Claude.