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Stock impact report

Amazon to invest up to another $25 billion in Anthropic as part of AI infrastructure deal Share [CNBC]

Amazon.com, Inc. (AMZN) 
Last amazon.com, inc. earnings: 4/30 04:01 pm Check Earnings Report
Company Research Source: CNBC
As part of the announcement, Anthropic said it's committed to spend more than $100 billion on Amazon Web Services technologies over the next 10 years. Amazon said in February that it expects to shell out roughly $200 billion this year on capital expenditures, with most of that money going toward AI infrastructure. In this article Amazon has agreed to invest up to $25 billion in Anthropic, on top of the $8 billion that it's poured into the artificial intelligence startup in recent years, as part of an expanded agreement to build out AI infrastructure. In the announcement on Monday, Anthropic said it's committed to spend more than $100 billion on Amazon Web Services technologies over the next 10 years, including current and future generations of Trainium, Amazon's custom AI chips. Anthropic said it's secured up to 5 gigawatts of capacity for training and deploying its Claude AI models. “Anthropic's commitment to run its large language models on AWS Trainium for the next decad Show less Read more
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