The new funding will mark a jump in valuation for Anthropic, a major competitor of OpenAI in the foundation model space.

AI hyperscaler Anthropic in in advanced talks to raise $2 billion led by Lightspeed Venture Partners at a $60 billion post-money valuation, as first reported by the WSJ. Why it matters: This would make Anthropic the world's seventh most valuable startup,

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.

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.