The e-commerce giant could invest up to $20 billion more in the startup if it meets specific performance targets.
SAN FRANCISCO: Amazon said on Monday that it has invested an additional $5 billion in Anthropic, deepening its partnership with the startup behind the Claude artificial intelligence system.
The e-commerce and cloud computing giant said the new funding adds to the $8 billion it had already invested in Anthropic, according to both companies.
Amazon said it could invest an additional $20 billion in Anthropic if the startup meets certain performance targets.
The San Francisco-based company said it has also committed to spending more than $100 billion on Amazon Web Services (AWS) infrastructure over the next decade to support artificial intelligence development.
“We need to build the infrastructure to keep pace with rapidly growing demand,” Anthropic CEO Dario Amodei said, adding that the partnership with Amazon will help advance AI research and deliver Claude to users.
Anthropic also reported that its annualised revenue tripled quarter-on-quarter to over $30 billion in early April, surpassing OpenAI for the first time.
Amodei recently met US officials at the White House, where discussions focused on cooperation and safeguards for scaling AI, following earlier tensions over the use of AI in surveillance and autonomous weapons.
