As reported by Reuters, the funding comes through convertible notes, with an initial US$1.3 billion phase.
The deal strengthens Amazon’s position as Anthropic’s primary cloud partner, while Anthropic commits to using Amazon’s Trainium and Inferentia chips for AI model training and deployment.
The companies are collaborating through Amazon’s Annapurna Labs division on processor development.
This investment follows recent major AI funding rounds, including OpenAI’s US$6.6 billion raise valuing it at US$157 billion.
Anthropic maintains existing partnerships with other tech giants, including a US$2 billion commitment from Google.
Amazon’s increased stake in Anthropic, while remaining a minority investor, signals an aggressive push to compete with Microsoft and Google in enterprise AI services. This move could significantly impact the AI chip market, currently dominated by Nvidia, and reshape cloud service competition.
