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Amazon and Anthropic Struck a New $5 Billion Deal, but Which Company Gains the Most from Their Partnership? [Globe and Mail, The (Toronto, Canada)]
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Anthropic agreed to spend over $100 billion with Amazon over the next decade. Amazon receives its most influential customer for its new AI chips. Anthropic has been one of the hottest names in the AI and tech world over the past few years. Its AI model, Claude, has become a true competitor to tools like ChatGPT and Gemini, and it seems to be picking up more steam by the day. One company that has seen Anthropic's vision is Amazon (NASDAQ: AMZN) , which made an initial $1.25 billion investment in it in 2023. By November 2024, Amazon had a total of $8 billion invested in Anthropic, and now it's back at it. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » Amazon recently announced it was making another $5 billion investment, with the possibility of buying an additional $20 billion stake down the road. Both com
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