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According to The Financial Times, AI startup Anthropic is advancing a new round of funding led by Singapore's sovereign fund GIC and US investment firm Coatue, with Sequoia Capital planning to participate. The funding round aims to raise approximately $25 billion, with a valuation of about $350 billion, with GIC and Coatue each investing $1.5 billion. Previously, Anthropic had received a combined investment commitment of up to $15 billion from Microsoft and Nvidia.