Anthropic takes $5B from Amazon and pledges $100B in cloud spending in return

Anthropic announced on Monday that Amazon has agreed to invest a fresh $5 billion, bringing Amazon’s total investment in the company to $13 billion. Anthropic, for its part, 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 — that valued the ChatGPT maker at a $730 billion pre-money valuation. That deal, too, was structured partly as cloud infrastructure services rather than straight cash.