The initial investment is $1.25 billion, with the option to increase by an additional $2.75 billion. If the total investment reaches $4 billion, it will be the largest known investment related to Amazon Web Services. Despite the deal with Amazon, Anthropic will continue its partnership with Google, which invested $300 million in the company earlier this year and holds a roughly 10% stake.
Key takeaways:
- Amazon plans to invest up to $4 billion in AI startup Anthropic, known for its Claude chatbot, and will gain minority ownership of the company.
- Anthropic's AI model is considered safer than rival AI services as it can revise its own responses without human moderation.
- As part of the deal, Amazon will incorporate Anthropic’s technology into various products across its business, including the Amazon Bedrock service for building AI applications.
- Google also has a stake in Anthropic, with a roughly 10 percent stake after making a $300 million investment in the AI startup earlier this year.