New Delhi, Nov. 19 -- Anthropic is now valued at around $350 billion, up from its $183 billion valuation as of September, after Microsoft and Nvidia jointly invested $15 billion in the AI startup, CNBC reported.

Microsoft announced this strategic partnership with Nvidia and Anthropic on Tuesday, signalling a fresh push to diversify its AI needs and reduce its reliance on ChatGPT-maker OpenAI.

As part of the agreement, Microsoft will invest up to $5 billion in Anthropic, while Nvidia will invest up to $10 billion in the Artificial Intelligence startup. The terms of the company's next round are still being finalised, CNBC said in a news report.

Anthropic has agreed to purchase $30 billion worth of Azure compute capacity from Microsoft an...