Amazon announced up to $25bn investment in AI startup Anthropic, adding $5bn now and $20bn later tied to milestones.
Anthropic will spend over $100bn on AWS cloud infrastructure, securing up to 5 GW capacity using Trainium chips and millions of Graviton cores.
Amazon shares rose more than 2% in pre‑market trading following the announcement, ahead of its Q1 earnings on April 29.
AWS custom chip revenue run‑rate has doubled to over $20bn, and the firm may sell chip racks to third parties.