Anthropic has more cash than Nvidia and Apple combined: What explains its $132 billion pile?
New Delhi, Oct. 28 -- Anthropic, the nearly six-year-old artificial intelligence (AI) lab, had $131.7 billion in cash and short-term investments as of 30 June, surpassing the combined holdings of Nvidia and Apple, according to data compiled by CNBC and S&P Capital IQ.
In a filing with the US Securities and Exchange Commission (SEC) on Monday, Anthropic disclosed $112.4 billion in cash and another $19.3 billion in short-term investments. Its total cash pile exceeds that of every non-bank US company except Berkshire Hathaway and Alphabet.
As of midyear, Anthropic had more cash than Amazon, SpaceX, Meta and Microsoft. Its reserves underscore the fundraising prowess that has helped the company accumulate $141 billion in private financing si...
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