Categories: Tech & Ai

Anthropic takes $5B from Amazon and pledges $100B in cloud spending in return


Anthropic announced on Monday that Amazon has agreed to invest a fresh $5 billion, bringing Amazon’s total investment in the company to $13 billion. Anthropic, for its part, has agreed to spend over $100 billion on AWS over the next 10 years, obtaining up to 5 GW of new computing capacity to train and run Claude.

The deal echoes an agreement Amazon struck with OpenAI just two months ago, when it joined a $110 billion funding round — contributing $50 billion — that valued the ChatGPT maker at a $730 billion pre-money valuation. That deal, too, was structured partly as cloud infrastructure services rather than straight cash.

At the heart of this deal is Amazon’s custom chips: Graviton (a low-power CPU) and Trainium (an Nvidia competitor and AI accelerator chip). The Anthropic deal specifically covers Trainium2 through Trainium4 chips, even though Trainium4 chips are not currently available. The latest chip, Trainium3, was released in December. On top of that, Anthropic has secured the option to buy capacity on future Amazon chips as they become available.

We’ll see if this news is a teaser to Anthropic announcing a new funding round. VCs have reportedly been offering the AI company capital in a deal that would value it at $800 billion or more.



Source link

Abigail Avery

Share
Published by
Abigail Avery

Recent Posts

Honda to exit South Korea auto market by year-end amid market shifts

Honda will stop selling cars in South Korea by the end of this year, citing…

17 minutes ago

What Is Square? Pricing, Features & How It Works

Square is a payment processing platform with built-in POS and business management tools for in-person…

32 minutes ago

Structural Strength Could Push BTC to $85K Soon

Bitcoin is trading around $78k, surging higher consistently as a combination of improving technical structure…

1 hour ago

Moon phase today explained: What the Moon will look like on April 23, 2026

We're almost at the First Quarter which means the Moon is almost half illuminated. Each…

2 hours ago

Robinhood Fund Invests $75 Million in OpenAI

Key Takeaways: Robinhood invested $75 million in OpenAI, expanding retail access to private AI firms.…

2 hours ago

PUSD expands to ADI Chain in Middle East stablecoin push

PUSD, a Shariah-compliant stablecoin backed by Gulf currencies, is set to launch on ADI Chain,…

2 hours ago