(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.

Anthropic is in advanced talks to raise $2 billion in a deal that would value it at $60 billion, more than triple its valuation from a year ago. The funding round is being led by the venture firm Lightspeed Venture Partners,

AI start-up Anthropic is nearing a deal to raise $2bn, a move that would place the three-year old company at a $60bn valuation.