(Reuters) -Synthetic intelligence startup Anthropic has employed Airbnb veteran Krishna Rao as its first finance chief, the corporate mentioned on Tuesday, because it plans to increase its AI choices and higher compete with rivals.
Rao will assist form Anthropic’s monetary technique and operations, the corporate mentioned.
Anthropic has raised billions from cloud service suppliers Google (NASDAQ:) and Amazon.com (NASDAQ:) and different enterprise capital corporations because it appears to be like to maintain up with Microsoft-backed rival and ChatGPT maker OpenAI.
Rao was beforehand CFO at digital sports activities platform Fanatics Commerce and world head of company and enterprise improvement at Airbnb between 2018 and 2021.
The Info had first reported the event earlier within the day citing folks acquainted with the matter.
Anthropic is amongst a collection of corporations which might be constructing generative AI techniques that may create human-like responses and content material. Its Claude AI fashions have vied for prominence with OpenAI’s GPT collection.
Final week, it appointed Instagram co-founder Mike Krieger as its chief product officer.
The Info had reported late final yr that Anthropic projected it could generate greater than $850 million in annualized income by the top of 2024.