Lightspeed Seeks $600 Million for Anthropic, OpenAI Wagers

Lightspeed Venture Partners is organizing a secondary fund to raise approximately $600 million for maintaining its existing stakes in OpenAI and four other companies. The move also includes plans for a fresh investment in Anthropic PBC. This strategy highlights the ongoing efforts of major venture firms to lock in or expand their exposure to leading generative AI developers amid high market demand.