Former UK Prime Minister Rishi Sunak has taken on an advisory position at the artificial intelligence company Anthropic. The firm, which develops the Claude chatbot, counts Google and Amazon among its key financial backers.

The appointment follows a funding round that pushed Anthropic’s valuation to $965 billion. Despite his new role, Sunak faces restrictions under watchdog regulations that prevent him from lobbying UK ministers on behalf of the company.

Anthropic currently competes with major industry players, including OpenAI, Google, and Meta. Market observers are now tracking the company's future strategic developments, such as potential new partnerships and enterprise contract announcements.

The company's performance remains a focal point for investors as they evaluate its growth trajectory against competitors. Analysts are particularly attentive to any updates regarding product advancements that could influence the firm's market standing.