Anthropic, known for its Claude AI models, is raising funds at a $60 billion valuation, a substantial increase from the previous year's $18 billion. The partnership between Amazon and Anthropic includes the use of Amazon's cloud services and AI chips, with plans for Anthropic to utilize a new AI supercomputer composed of Amazon-made chip clusters. Amazon's total investment value in public and private companies was $22.1 billion at the end of December, with other private investments including Scale AI, Hugging Face, and X-energy.
Key takeaways:
- Amazon's investment in Anthropic has increased in value from $8 billion to $14 billion, marking a 75% gain since 2023.
- Amazon has invested a total of $8 billion in Anthropic, with plans to invest an additional $2.7 billion by the end of 2025.
- The investments are made through convertible notes, classified as "Level 3" assets, which involve significant judgment and assumptions.
- Anthropic is raising funds at a $60 billion valuation and has a close partnership with Amazon, utilizing its cloud services and AI chips.