Amazon to Invest Up to $25 Billion in Anthropic

· The Information ·

Amazon is investing an additional $5B in Anthropic now, with up to $20B more tied to commercial milestones, bringing total commitment to $33B.

Categories: Money & Moves

Excerpt

<p>Amazon is investing $5 billion into Anthropic now and will invest up to an additional $20 billion tied to commercial milestones, the companies <a href="https://www.aboutamazon.com/news/company-news/amazon-invests-additional-5-billion-anthropic-ai">said</a> on Monday. The deal is on top of $8 billion Amazon previously invested in the artificial intelligence company.</p> <p>While the companies did not say what ...</p>