When Amazon (AMZN) reports earnings on April 29, it may have some bullish numbers to convey to Wall Street.
And AI juggernaut Anthropic (ANTH.PVT) may be a large reason why.
“We believe AWS [Amazon Web Services] is benefiting from a combination of capacity gains, AI diffusion, and client expansion,” KeyBanc analyst Justin Patterson said in a note on Monday. “Anthropic has been a long-standing AWS customer, and its rapid growth in annual recurring revenue (from $9 billion in December 2025 to $30 billion in early April 2026) provides a meaningful tailwind to AWS growth (we assume AWS is about 60% of Anthropic spend).”
Anthropic has had a huge year on the development front, likely pointing to the need to extract as much AWS cloud computing power as possible.
This month, the company released Claude Opus 4.7 — its most advanced reasoning model to date. It also unveiled the controversial Claude Mythos, a “hyper-agentic” model so powerful that Anthropic has restricted…