The Information reported earlier this month that Amazon was in talks to invest multiple billions in Anthropic, its first financial pledge in the company since a $4 billion deal struck last year. The new investment is reportedly structured similar to the last one — but with a twist. Amazon insisted that Anthropic use Amazon-developed silicon hosted on AWS to train its AI.
Anthropic is said to prefer Nvidia chips. But the money may have been too good to pass up. Around the start of the year, Anthropic reportedly projected it would burn through over $2.7 billion in 2024 as it trained and scaled up its AI products. Anthropic has for several months been discussing new funding at a $40 billion valuation, per The Information, and no doubt the pressure was on to clinch something soon.