Amazon Doubles Down on Anthropic with Up to $25 Billion Investment as AI Race Intensifies

Amazon is pouring up to $25 billion into AI startup Anthropic at a $380 billion valuation, as Anthropic commits to spending over $100 billion on AWS over the next decade while reporting $30 billion in annualized revenue amid a fierce race against OpenAI.

• Amazon is investing up to $25 billion in AI startup Anthropic, adding to the $8 billion already committed, with $5 billion going in immediately and up to $20 billion tied to future commercial milestones at a $380 billion valuation.
• Anthropic is committing to spend more than $100 billion on Amazon Web Services technologies over the next 10 years, including Amazon's custom Trainium AI chips, and is securing up to 5 gigawatts of capacity for training and deploying its Claude AI models.
• The deal comes as Anthropic faces surging demand for its Claude models, reporting over $30 billion in annualized revenue, while competing aggressively against OpenAI ahead of potential IPOs, with both companies racing to secure massive compute infrastructure from major cloud providers.