Amazon Concludes Its $4 Billion Investment in Anthropic

Amazon announced that it has concluded its $4 billion investment in AI startup Anthropic, more than doubling its initial investment. This is the largest outside investment in Amazon’s corporate history.

“We have a notable history with Anthropic, together helping organizations of all sizes around the world to deploy advanced generative artificial intelligence applications across their organizations,” Amazon AWS vice president Dr. Swami Sivasubramanian said. “Anthropic’s visionary work with generative AI, most recently the introduction of its state-of-the art Claude 3 family of models, combined with Amazon’s best-in-class infrastructure like AWS Tranium and managed services like Amazon Bedrock further unlocks exciting opportunities for customers to quickly, securely, and responsibly innovate with generative AI. Generative AI is poised to be the most transformational technology of our time, and we believe our strategic collaboration with Anthropic will further improve our customers’ experiences, and look forward to what’s next.”

As you may recall, Amazon invested $1.25 billion in Anthropic in September 2023, giving it a minority ownership position in the company. But it said at the time that it could raise its total investment to $4 billion. This week, the online giant invested another $2.75 billion, concluding the potential investment in full.

Amazon also revealed that Anthropic is using Amazon AWS as its primary cloud provider, and it will AWS Trainium and Inferentia chips to build, train, and deploy future models. With this latest investment, Anthropic has also committed to providing AWS customers with future generations of its foundational models on Amazon Bedrock.

Amazon also named several partners that are building generative AI applications on Anthropic Claude AI and Amazon Bedrock, including Dana-Farber Cancer Institute, Delta Airlines, Intuit, Lonely Planet, Pfizer, The PGA Tour, Ricoh USA, and others.