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Home » AI » Dario Amodei Net Worth, CEO of Anthropic

Dario Amodei Net Worth, CEO of Anthropic

Dario Amodei is an Italian-American entrepreneur and researcher, specializing in Artificial Intelligence (AI). He is the co-founder and currently serves as the Chief Executive Officer (CEO) of Anthropic.

raya-author-image by Raya
Friday, 19 July 2024, 3:44 AM
in AI
dario amodei net worth

dario amodei net worth

Dario Amodei is an Italian-American entrepreneur and researcher, specializing in artificial intelligence (AI). He is the co-founder and currently serves as the Chief Executive Officer (CEO) of Anthropic. Anthropic is an AI research and development company that developed Claude AI, a large language model (LLM) like Gemini and ChatGPT.

Amodei is a brilliant researcher who has worked with mega-corporations like Baidu and Google. Before founding Anthropic in 2021, he served as the Vice President of Research at Sam Altman’s OpenAI. 

In 2023, the Times Magazine recognised Dario Amodei and his sister Daniela Amodei as two of the TIME 100 Most Influential People in AI. 

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Dario Amodei’s Net Worth

Unfortunately, there is no credible source of information on Dario Amodei’s net worth in 2024. We will update this panel as soon as we have some accurate information.

Anthropic, the AI research company raised $400 million in Series B funding in 2023. According to a report by the New York Times, Anthropic is valued at $15 billion in 2024.

On average, U.S. startups raised about $59 million in fourth-stage Series C funding in Q1 2023 — a far cry from the $450 million Anthropic raised in its Series C in May 2023. Anthropic has raised over $8 billion to date.

Based on this information, we can only assume that Dario Amodei’s net worth is somewhere in a million dollars. 

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Education

Dario Amodei went to Caltech in 2001 and studied Physics there till 2003. In 2004, he attended Stanford University, where he earned a Bachelor of Science in Physics. He finished his Ph.D. in physics at Princeton University, where he developed unique intracellular and extracellular recording devices and worked on statistical mechanics models of neuronal networks. 

His work at Stanford University School of Medicine as a postdoctoral scholar focused on using mass spectrometry to hunt for cancer biomarkers and to build network models of the cellular proteome.

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Career

After finishing his Ph.D. studies, Dario Amodei joined Skyline Targeted Proteomics Environment as a Software Developer. His work involved enhancing a comprehensive software suite crucial to the proteomics community. 

After a year, he joined Baidu, Inc. as a Research Scientist. Teaming up with AI scientists and systems engineers, he tackled complex problems in deep learning and AI, focusing on speech recognition and natural language processing. Dario’s contributions, including the development of Deep Speech 2, marked him as a standout employee, earning him the “Star Employee of the Quarter” award.

Following his tenure at Baidu, Dario transitioned to Google. As a Senior Research Scientist in the Google Brain team, he extended the capabilities of neural networks. His work delved into the safety and reliability of AI systems, earning recognition for addressing key problems in preventing accidents in AI systems.

Three years later, he took on the role of Research Director, focusing on AI safety at OpenAI. His responsibilities included leading teams dedicated to long-term safety research, emphasizing interpretability, and embedding human preferences in AI systems. This role laid the foundation for his subsequent leadership in building GPT-2 and GPT-3, integral advancements in the AI domain.

Due to disagreements over OpenAI’s business dealings with Microsoft, he left Sam Altman’s company in 2020 to start his own venture. In 2021, Dario Amodei, his sister Daniela, and other senior researchers who had left OpenAI founded Anthropic AI. 

Currently, Dario presides as the CEO, and Daniela is the President of Anthropic. As CEO, his work includes combining scaling and long-term AI alignment methods to develop steerable, interpretable, and robust AI systems. 

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Latest Updates

July 19, 2024

Anthropic is teaming up with venture capital firm Menlo Ventures to launch a new fund for AI startups. Menlo Ventures will contribute $100 million to create the “Anthology Fund,” and Anthropic’s team and AI technology will help identify promising startups. The fund will provide early-stage startups with funding starting at $100,000. It will focus on startups developing AI safety tools and AI applications that offer societal benefits, aligning with Anthropic’s mission to make AI more responsible.

“We’re particularly interested in ventures that leverage AI to enhance human capabilities and productivity in fields such as healthcare, legal services, education, energy, infrastructure, and scientific research, We look forward to working closely with Menlo and the exceptional founders backed by this fund to push the boundaries of what’s possible with AI.”

Daniela Amodei

July 9, 2024

In a recent “In Good Company” podcast interview with Norges Bank CEO Nicolai Tangen, Anthropic CEO Dario Amodei discussed the details of AI development, including the costs of starting an AI model.

Amodei stated. “I think if we go to $10 or $100 billion, and I think that will happen in 2025, 2026, maybe 2027… then I think there is a good chance that by that time we’ll be able to get models that are better than most humans at most things,”

He also acknowledged that many companies would not be able to participate in AI Race, “Of course, I think there’s going to be a vibrant downstream ecosystem and there’s going to be an ecosystem for small models“

Anthropic’s mission is to create AI that humans can understand and control, and Dario’s leadership has been instrumental in achieving this goal. The company has already made significant strides in AI research, releasing several papers and open-source tools that demonstrate the potential of AI in various applications. Anthropic’s Claude AI is believed to be one of the greatest competitors of GPT-4 and Gemini.

The company has released Claude 3.5 Sonnet, its new and powerful generative artificial intelligence model. The company claims that the Claude 3.5 Sonnet outperforms competitors like ChatGPT-4o and has better nuance, humour, and complex instruction capabilities. It also surpasses its competitors in graduate-level thinking and reasoning over text. However, it was outperformed by ChatGPT-4o in math problem-solving. Anthropic has also announced the launch of Artifacts on Claude.ai, which displays content in a separate window alongside works. The company intends to offer improvements to its model family, including Claude 3.5 Haiku and Claude 3.5 Opus, later this year, while simultaneously conducting safety studies to ensure these models stay safe.


Frequently Asked Questions

Who is the CEO of Anthropic AI?

The CEO of Anthropic AI is Dario Amodei. He and her sister Daniela co-founded the company behind Claude AI in 2021. 

Why did the founders of Anthropic leave OpenAI?

Due to disagreements over OpenAI’s business dealings with Microsoft, Dario Amodei, Daniela Amodei, and a few other senior researchers left OpenAI. 

What is the valuation of Anthropic?

As per the latest data, Anthropic’s current valuation in 2024 is $15 billion.

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Raya is a tech enthusiast diving deep into New-Age technology, especially Artificial Intelligence (AI) and Machine Learning (ML). She is passionate about decoding the complexities and uses of new-age tech. Raya is on a mission to write articles that bridge the gap between technical jargon and everyday understanding, making AI and ML accessible to a wider audience.

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