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Pathikrit Bose

Should You Buy, Sell, or Hold AMZN Stock as Amazon Invests $5 Billion in Anthropic?

Amazon Anthropic Amazon.com Inc. AWS Andy Jassy Claude Nvidia Trainium Meta

Cloud giant Amazon (AMZN) will invest $5 billion in AI startup and Claude-maker Anthropic, with commitments to pump in up to $20 billion in additional capital in the coming years. Anthropic will make use of Amazon's custom chip, Tranium, as well as their ARM-based processor, Graviton, to train their AI models.

Commenting on the development, Amazon CEO Andy Jassy said, "Anthropic's commitment to run its large language models on AWS Trainium for the next decade reflects the progress we've made together on custom silicon, as we continue delivering the technology and infrastructure our customers need to build with generative AI."

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