Amazon mulls boosting investment in Anthropic to deepen AI partnership – report

Amazon (NASDAQ:AMZN) is exploring the possibility of making an additional multibillion-dollar investment in AI firm Anthropic, aiming to strengthen its strategic partnership with the OpenAI rival, the Financial Times reported, citing sources familiar with the discussions.

The move would build on Amazon’s existing $8 billion commitment made in November 2024, when it doubled its initial $4 billion stake to expand its footprint in the fast-evolving generative AI space.

An increased investment would help Amazon maintain its position as one of Anthropic’s largest shareholders, ahead of Google (GOOGL), which has invested over $3 billion in the startup, the report noted.

“We quickly realized that we had many shared goals that were fundamentally critical,” Dan Grossman, Amazon’s vice president of worldwide corporate development, told the newspaper. “The size of the [existing investment] represents our ambition.”