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Benzinga
  • 1 hour ago
Amazon agreed to invest up to $25B in Anthropic, adding to $8B previously invested, as part of an expanded deal to build AI infrastructure. Anthropic committed to spend $100B+ on AWS over 10 years, including Trainium chips, and secured up to 5 gigawatts of capacity. Amazon will invest $5B immediately with up to $20B tied to milestones at a $380B valuation. Amazon is also separately investing up to $50B in OpenAI.
Transcript
00:00It's Benzinga, bringing Wall Street to Main Street.
00:02Amazon agreed to invest up to $25 billion in Anthropic,
00:06adding to $8 billion previously invested
00:09as part of an expanded agreement to build AI infrastructure,
00:12according to CNBC.
00:15Anthropic committed to spend more than $100 billion
00:18on Amazon Web Services over 10 years,
00:21including Tranium chips,
00:22and secured up to 5 gigawatts of capacity.
00:25Amazon will invest $5 billion now
00:28with up to $20 billion tied to milestones
00:31based on a $380 billion valuation.
00:34Anthropic plans to bring nearly 1 gigawatt of Tranium 2
00:37and Tranium 3 capacity online by year-end.
00:40The deal follows Amazon's separate plan
00:42to invest up to $50 billion in OpenAI
00:44and comes as Anthropic reports rising demand
00:47and infrastructure strain.
00:48For all things money, visit Benzinga.com.
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