Anthropic announced Monday that Amazon has agreed to invest an additional $5 billion, bringing Amazon’s total investment in the company to $13 billion. Anthropic has agreed to invest more than $100 billion in AWS over the next 10 years and acquire up to 5 GW of new compute capacity to train and run Claude.
The deal mirrors the one Amazon signed with OpenAI just two months ago, when Amazon participated in a $110 billion funding round, contributing $50 billion and valuing the ChatGPT maker at a pre-money valuation of $730 billion. This transaction was also structured in part as cloud infrastructure services rather than outright cash.
At the heart of the deal are Amazon’s custom chips Graviton (a low-power CPU) and Trainium (an Nvidia competitor and AI accelerator chip). Although the Trainium4 chip is not currently available, Anthropic’s deal specifically covers Trainium2 through Trainium4 chips. The latest chip, Trainium3, was released in December. In addition, Anthropic has secured the option to purchase capacity from Amazon chips in the future when they become available.
We’ll see if this news is a preview of Anthropic announcing another round of funding. Venture capital firms are reportedly providing capital to AI companies in deals expected to be worth more than $800 billion.
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