Anthropic Secures Another $5 Billion Investment from Amazon

Anthropic announced on Monday that Amazon has agreed to invest an additional $5 billion, bringing its total investment in Anthropic to $13 billion. In exchange, Anthropic has committed to spending over $100 billion on Amazon’s cloud service (AWS) over the next decade, gaining access to up to 5 gigawatts of new computing power for training and running Claude models.

This agreement is similar to the one Amazon reached with OpenAI two months ago. At that time, Amazon participated in a $110 billion funding round, investing $50 billion, with the round valuing the ChatGPT developer at $73 billion pre-money. That deal was also partially structured as cloud infrastructure services rather than a pure cash investment.

The core of this agreement is Amazon’s self-developed chips: Graviton (a low-power CPU) and Trainium (an AI accelerator chip competing with Nvidia). This deal with Anthropic specifically covers chips from Trainium2 to Trainium4, although Trainium4 has not yet been released. The latest chip, Trainium3, was launched last December. In addition, Anthropic has secured an option to purchase computing power from Amazon when future chips are launched.