Menlo raised $3B for funds dedicated to backing AI startups, its largest haul to date; sources say Menlo's Anthropic stake is currently worth nearly $14B (Natasha Mascarenhas/Bloomberg)

ThinkingNews Desk · how this was written

Menlo Ventures has closed a $3 billion fund, its largest raise to date, aimed at backing artificial-intelligence startups. The fund’s size is driven largely by the firm’s investment in Anthropic, a stake that sources say is currently valued at nearly $14 billion. This capital will be deployed to support emerging AI companies.

Written from all 3 reports below, not from any single one.