Amazon will invest up to $25 billion in Anthropic in a broad deal

3 weeks ago 4

Amazon and Anthropic are strengthening their ties once again, with steep financial commitments made on both sides. Today, Amazon 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 in 2023 and a second $4 billion round 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 Anthr...

Source: https://www.engadget.com/ai/amazon-will-invest-up-to-25-billion-in-anthropic-in-a-broad-deal-225239302.html?src=rss

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