Anthropic takes $5B from Amazon and pledges $100B in cloud spending in return | TechCrunch
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Anthropic takes $5B from Amazon and pledges $100B in cloud spending in return | TechCrunch
"Anthropic has agreed to spend over $100 billion across the next ten years on AWS, obtaining up to 5GW of new computing capacity to train and run Claude."
"The deal echoes an agreement Amazon struck with OpenAI just two months ago, when it joined a $110 billion funding round - contributing $50 billion."
"At the heart of this deal is Amazon's custom chips: Graviton and Trainium, specifically covering Trainium2 through Trainium4 chips, even though Trainium4 chips are not currently available."
"VCs have reportedly been offering the AI company capital in a deal that would value it at $800 billion or more."
Amazon has invested an additional $5 billion in Anthropic, increasing its total investment to $13 billion. Anthropic will spend over $100 billion on AWS over the next decade, securing up to 5GW of computing capacity for its AI model, Claude. This deal mirrors a recent agreement between Amazon and OpenAI. The partnership focuses on Amazon's custom chips, including Trainium, with Anthropic having the option to purchase future chip capacities. Speculation arises about a potential new funding round for Anthropic, with VCs valuing the company at $800 billion or more.
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