Anthropic shared on Monday that Amazon will invest an additional $5 billion, raising Amazon’s overall investment in the company to $13 billion. In return, Anthropic has pledged to spend over $100 billion on AWS over the next decade, acquiring up to 5 GW of new computing capacity to develop and operate Claude.
This agreement is similar to a deal Amazon made with OpenAI just two months earlier, joining a $110 billion funding round — investing $50 billion — which valued the maker of ChatGPT at a pre-money valuation of $730 billion. That arrangement also included cloud infrastructure services partly instead of pure cash investment.
The core of this agreement revolves around Amazon’s specialized chips: Graviton (a low-power CPU) and Trainium (a competitor to Nvidia and AI accelerator chip). The deal with Anthropic includes Trainium2 to Trainium4 chips, although Trainium4 chips are currently unavailable. The newest chip, Trainium3, was launched in December. Moreover, Anthropic has the option to purchase capacity on future Amazon chips as they are released.
Time will tell if this announcement leads to Anthropic unveiling a new funding round. VCs have reportedly expressed interest in providing capital to the AI firm, which would value it at $800 billion or more.