BUSINESSBUSINESS INSIDER
Amazon's Anthropic stake is leading to a huge windfall
Amazon's $13 billion investment in Anthropic generated $53.4 billion in non-operating pre-tax income, as the AI company's valuation surged to $965 billion ahead of its potential IPO. Microsoft also reported a $3.2 billion gain from its $5 billion stake in Anthropic.
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- Amazon will invest up to $25 billion in Anthropic in a broad deal
- Anthropic takes $5B from Amazon and pledges $100B in cloud spending in return
- Anthropic gets $5B investment from Amazon, will use it to buy Amazon chips
- Amazon Will Invest Up to $25 Billion More in Anthropic as AI Demand Surges
- Google will invest as much as $40 billion in Anthropic
- Anthropic takes $5B from Amazon and pledges $100B in cloud spending in return