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Stock impact report

Amazon deepens AI partnership with Anthropic with $5B investment [Yahoo! Finance]

Amazon.com, Inc. (AMZN) 
Last amazon.com, inc. earnings: 4/30 04:01 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Amazon.com Inc (NASDAQ:AMZN) has announced a $5 billion investment in AI company Anthropic, alongside plans for up to an additional $20 billion in future funding tied to commercial milestones. The funding builds on an earlier investment of approximately $8 billion and is part of a broader deepening of the companies' strategic partnership focused on large-scale artificial intelligence development and infrastructure. Alongside the investment, Anthropic will expand its use of Amazon's cloud and custom AI hardware, including access to up to 5 gigawatts of capacity based on current and next-generation Trainium chips. The chips are designed by Amazon specifically for high-performance AI training and inference workloads. The agreement also includes broader use of Amazon's Graviton processors, which are widely deployed across cloud computing applications. Anthropic's Claude AI models will continue to be available through Amazon Web Services (AWS), including via Amazon Bedrock, Amazon Show less Read more
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