Amazon announced on Monday that it will immediately invest $5 billion in artificial intelligence company Anthropic, with the potential for an additional $20 billion tied to commercial milestones. This investment expands the existing partnership between the two companies, following Amazon’s previous $8 billion investment in Anthropic.
Under the expanded agreement, Anthropic has committed to spending more than $100 billion over the next 10 years on Amazon Web Services technologies. Anthropic will also gain access to up to 5 gigawatts of capacity using Amazon’s Trainium chips to train and run its cloud AI models.
The partnership includes access to Trainium2, Trainium3, Trainium4, and future generations of the chips. Anthropic will also utilize tens of millions of Amazon’s Graviton processor cores. The collaboration includes Trainium3 capacity expected to be operational this year and expanded international inference capabilities in Asia and Europe, according to the company’s statement.
Earlier this month, Jassey said in a letter to shareholders that Amazon's custom chip business is growing rapidly, as major tech companies begin manufacturing their own chips to reduce reliance on chipmakers like Nvidia. The letter stated that the business more than doubled its annualized revenue to over $20 billion, up from the $10 billion the company disclosed alongside its fourth-quarter results.$BTC
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