Amazon Invests $2.75 Billion in AI Startup Anthropic
- Investment is the culmination of $4 billion funding agreement
- Deal expands Anthropic’s links to big tech companies
This article is for subscribers only.
Amazon.com Inc. says it’s investing an additional $2.75 billion in Anthropic, completing a deal it made last year to back the artificial intelligence startup and expand a partnership between the companies.
The infusion brings Amazon’s total investment in Anthropic, a well-regarded builder of AI tools able to generate text and analysis, to $4 billion, following an earlier investment announced in September. As part of that deal, Amazon had the right to contribute the additional funds in the form of a convertible note, provided it did so before the end of March.