Amazon to invest up to $25 billion in Anthropic as part of $100 billion cloud deal

What Happened

Amazon announced a $25 billion investment in AI startup Anthropic, with $5 billion immediate and $20 billion contingent on milestones. Anthropic commits to spending over $100 billion on Amazon's cloud services over ten years. This deepens their partnership as Anthropic secures computing capacity for model development using Amazon's custom chips.

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