Anthropic gets $5B investment from Amazon, will use it to buy Amazon chips
Anthropic secures 5 gigawatts of Amazon’s custom silicon as Claude demand soars.
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Amazon has significantly boosted its multibillion-dollar bet on Claude developer Anthropic by investing an additional $5 billion—enabling Anthropic to eventually secure up to 5 gigawatts' worth of AI chips from Amazon to help train and run its popular Claude AI models. Amazon is already one of Anthropic’s largest investors, having previously invested $8 billion in the AI startup. The latest move brings Amazon’s immediate investment up to $13 billion, and the companies have agreed to the possibility of Amazon committing another $20 billion in the future if the partnership achieves certain commercial milestones, according to Wall Street Journal reporting. The large cash infusion and prospect of obtaining more computing resources come at a crucial time for Anthropic, given the massive surge in paid subscriptions for Claude-related services early this year. That demand spike and strain on the existing cloud compute infrastructure supporting Claude have contributed to performance issues and even occasional outages for thousands of Claude users. Read full article Comments
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