Amazon will invest up to $25 billion in Anthropic in a broad deal
Engadget
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Amazon and Anthropic are strengthening their ties once again, with steep financial commitments made on both sides.
Today, Amazon https://www.aboutamazon.com/news/company-news/amazon-invests-additional-5-billion-anthropic-ai" target="_blank">announced that it will invest $5 billion in the AI company, along with as much as $20 billion in additional payments if certain milestones are met.
This news follows the initial $4 billion investment Amazon made in Anthropic https://www.engadget.com/amazons-invests-4-billion-in-anthropic-openai-rival-095321755.html" target="_blank">in 2023 and a second $4 billion round https://www.engadget.com/ai/anthropic-will-use-aws-ai-chips-after-4-billion-amazon-investment-222053145.html" target="_blank">from 2024.
On Anthropic's side, it has committed to continued use of Amazon's custom Trainium silicon for its AI models.
The latest agreement will see Anthropic promising to spend more than $100 billion on AWS technologies over the coming decade.
It will secure up to 5 gigawatts of current and future chip capacity for training and powering its models.
Their partnership is also bringing Anthropic's Claude platform to Amazon Web Services customers within the AWS portal, removing the need for additional credentials.
This article originally appeared on Engadget at https://www.engadget.com/ai/amazon-will-invest-up-to-25-billion-in-anthropic-in-a-broad-deal-225239302.html?src=rssAmazon invests $25B in AI startup Anthropic
- Amazon to invest up to $25 billion in Anthropic as part of deal Reuters —
- Anthropic bites back in the compute wars with Amazon partnership Axios —
- Anthropic takes $5B from Amazon and pledges $100B in cloud spending in return Techcrunch —
- Amazon to invest an additional $5 billion in Anthropic The Japan Times —
- Amazon Plans to Invest Up to $25 Billion in Anthropic The New York Times —