Amazon AWS: Amazon invests additional $2.75 billion in AI startup Anthropic

Apr 01, 2024 | Posted by Abdul-Rahman Oladimeji

Amazon has invested an additional $2.75 billion in AI startup Anthropic in a deal which marks the second round of funding provided by the cloud and eCommerce giant under a previously agreed plan to invest up to $4bn in the startup.

Amazon made an initial investment of $1.25bn for a minority stake in the company last year. The service provider is also Anthropic’s primary cloud provider for mission-critical workloads, including safety research and future foundation model development.

“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,” said Dr. Swami Sivasubramanian, vice president of data and AI at AWS.

He added: “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.”