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Amazon Boosts Anthropic Investment to $8B; AWS Named Primary Cloud Partner

Nov 22, 2024, 02:22 PM

Amazon announced on November 22, 2024, that it will invest an additional $4 billion in Anthropic, an artificial intelligence startup founded by former OpenAI executives. This investment brings Amazon's total investment in Anthropic to $8 billion, solidifying Amazon's position as a minority investor. As part of the expanded collaboration, Anthropic stated, "We're expanding our collaboration with AWS. This includes a new $4 billion investment from Amazon and establishes AWS as our primary cloud and training partner." Anthropic will utilize AWS Trainium and Inferentia chips to train and deploy its AI models and will work with Amazon's Annapurna Labs to develop new Trainium accelerators.