Tioex Facilitates Entry into the AI Frontier with Anthropic Investment of $1M

Stockholm, May 16th, 2024 – Tioex, a leading Swedish investment firm, announces its acquisition of existing shares worth $1 million in Anthropic, a prominent US-based AI innovator, in collaboration with partners. Founded in 2021 by former OpenAI executives, Anthropic has leaped onto the scene with Claude 2, a chatbot rivaling OpenAI’s ChatGPT.

With a mission to lower the threshold for smaller investors, Tioex has previously made notable investments in industry giants like SpaceX, Einride and Klarna. The successful investment in Anthropic underscores Tioex's commitment to providing its investor members with exclusive access to cutting-edge technology ventures.

“Anthropic's groundbreaking advancements in AI, coupled with its robust AI safety protocols, have the potential to redefine the trajectory of technological evolution. We take pride in presenting opportunities like Anthropic to our investors and look forward to being part of the company's exciting journey ahead”, says Johan Hägglund, founder and CEO of Tioex.

In just three years, Anthropic has surged to an estimated valuation of $18.4 billion, backed by funding partners such as Google, Salesforce, and Zoom. Founded by Dario Amodei, former Vice President of Research at OpenAI, and his sister Daniela Amodei, former Vice President of Safety and Policy at OpenAI. It´s development of Claude 2, with the ability to summarize up to a staggering 75,000 words, is stated to be the most reliable and preferred chatbot for companies like Slack, Notion and Quora.

In January, Tioex made waves by becoming one of the pioneering European investors in SpaceX, marking its entry into the US market. Looking ahead, Tioex is set-out to explore further investment opportunities in private US pre-IPO companies. 

"We´re in dialogue with a number of interesting new investments, and our model for investing in high growth, top-tier pre-IPO companies continues to gain traction. We see that there is an increased interest now as the IPO market is starting to open up again”, says Johan Hägglund.