TLDR · BIG TECH & STARTUPS

AMAZON TO INVEST UP TO ANOTHER $25 BILLION IN ANTHROPIC AS PART OF AI INFRASTRUCTURE DEAL

cnbc.com4 min read

Summary from the TLDR newsletter

Amazon has agreed to invest up to $25 billion in Anthropic as part of an expanded agreement to build out AI infrastructure. The investment includes $5 billion into Anthropic now, with up to $20 billion tied to certain commercial milestones. Anthropic has committed to spending more than $100 billion on Amazon Web Services technologies over the next 10 years. It has secured up to 5 gigawatts of capacity for training and deploying its models.