Amazon to invest up to $25 billion in Anthropic as part of $100 billion cloud deal
By
Binu Mathew
Amazon said on Monday that it will invest up to $25 billion in Anthropic, as the AI startup commits to spending more than $100 billion over the next 10 years on Amazon’s cloud technologies.
The deal deepens the two firms’ relationship as Anthropic rushes to secure capacity to bolster its models.
Seattle-based Amazon will invest $5 billion in Anthropic now, and an additional $20 billion in the future, subject to certain commercial milestones. This is in addition to the $8 billion Amazon previously invested in the company.
