Artificial intelligence startup Anthropic is in talks to raise $750 million in a funding round led by Menlo Ventures.

The funding round could value Anthropic at up to $18.4 billion.

Anthropic is known for its reliable AI chatbot, Claude 2, and its focus on safety research in generative AI.

The company is part of the Frontier Model Forum and the Collective Intelligence Project.

Major cloud providers and Google are committed investors, indicating strong demand for large AI deals.

The interest in Anthropic reflects the growing interest in the AI startup industry, following the success of OpenAI's ChatGPT tool.