genai / news / / The Associated Press
Artificial intelligence company Anthropic has agreed to commit more than $100 billion to Amazon’s AWS cloud platform over the next 10 years.
Anthropic has agreed to spend over $100 billion on AWS cloud services over 10 years.
KEY POINTS
- Amazon will invest $5 billion immediately and up to $20 billion more in Anthropic.
- Anthropic can access up to 5 gigawatts of Amazon’s Trainium AI chips under this deal.
- A federal appeals court recently allowed the Pentagon to blacklist Anthropic from contracts.
- Anthropic projects $14 billion in sales over the next year despite not being profitable yet.
COMPANIES
Summarized by Newsio from The Associated Press. How we summarize →