AI startup Anthropic commits $100 billion to Amazon’s AWS over next 10 years

AI startup Anthropic commits 0 billion to Amazon’s AWS over next 10 years

Artificial intelligence company Anthropic has agreed to commit more than $100 billion to Amazon’s AWS cloud platform over the next 10 years to train and run its Claude chatbot.

Amazon will invest $5 billion immediately as part of the new agreement announced this week by the companies, and up to another $20 billion in the future. Amazon previously invested $8 billion in Anthropic.

The partnership will allow Anthropic to secure up to 5 gigawatts of Amazon’s Trainium chips to train and power their artificial intelligence models.

“Our custom AI silicon offers high performance at significantly lower cost for customers, which is why it’s in such hot demand,” said Amazon CEO Andy Jassy.

Amazon said AWS customers will be able to access the full Anthropic-native Claude console from within the AWS cloud platform.

Earlier this year, privately-held Anthropic said its valuation grew to $380 billion, positioning itself alongside rivals OpenAI and Elon Musk’s rocket maker SpaceX, which…

https://www.newsday.com/business/amazon-anthropic-ai-artificial-intelligence-aws-claude-g24625