Qatar Investment Authority (QIA) has invested in the latest $13 billion fundraise for artificial intelligence (AI) company Anthropic.

The sovereign wealth fund, which oversees around $557 billion in assets, confirmed the investment on Tuesday, but it did not disclose how much it has allocated for the US-based firm.

The AI safety and research company develops foundational AI models and provides AI-powered tools for enterprises and developers.

The fundraise, led by ICONIQ and participated by several other major global investors, brings Anthropic's total valuation to $183 billion.

Proceeds will be used to support global expansion and more AI safety research.

(Writing by Cleofe Maceda; editing by Seban Scaria) seban.scaria@lseg.com