News

Amazon Invests $4 Billion in Anthropic

This latest investment follows Amazon's initial pledge of $1.25 billion in September

By Inc.Arabia Staff
images header

Amazon committed $2.75 billion to Anthropic, a San Francisco-based startup known for its advancements in generative artificial intelligence (AI).[1]

The tech giant's move signals its intention to strengthen its foothold in the AI sector.

This latest investment follows Amazon's initial pledge of $1.25 billion in September, bringing its total commitment to Anthropic up to $4 billion.

Amazon will maintain a minority stake in Anthropic and refrain from securing a board seat, in line with the terms established during the AI startup's last valuation at $18.4 billion.

Anthropic, founded by former OpenAI research executives and employees, has raised a total of approximately $7.3 billion across five funding rounds.

Last update:
Publish date: