"Google is committing $10 billion now at the company's current valuation, with an additional $30 billion on offer if Anthropic meets specific performance milestones. Through Anthropic's existing commitment to use Google's TPUs and servers, Anthropic says Google will also provide 5 gigawatts of computing capacity in 2027."
"Earlier in April, Amazon announced that it would invest $5 billion in Anthropic, with an additional $20 billion in payments available if certain milestones were met. Anthropic also agreed to use Amazon's Trainium chips for its AI models."
"The deals are another example of Anthropic's ability to burn through money - the company only just raised $30 billion in its most recent round of funding."
"Anthropic agreeing to use Google and Amazon's silicon and servers, receiving investment from both companies and then presumably spending some of that investment on more silicon and servers, is a pattern seen in the relationship between OpenAI, Nvidia, Microsoft and plenty of other players in the AI race."
Google is set to invest up to $40 billion in Anthropic, with an initial $10 billion and an additional $30 billion contingent on performance milestones. This investment follows a joint agreement for next-generation TPU capacity. Anthropic has also secured a similar deal with Amazon, which includes a $5 billion investment and potential $20 billion based on milestones. These arrangements illustrate Anthropic's significant funding needs and the circular deal dynamics prevalent in the AI sector, where companies invest in each other while utilizing shared technology resources.
Read at Engadget
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