Overview
- Amazon and Anthropic announced Monday a broadened deal that includes a $5 billion investment now with up to $20 billion more tied to milestones, alongside Anthropic’s pledge to spend more than $100 billion on AWS over 10 years at a $380 billion valuation.
- Anthropic locked in up to 5 gigawatts of compute on Amazon’s Trainium chips to train and run Claude, with about 1 gigawatt of Trainium2 and Trainium3 capacity due online by year‑end, roughly the output of five large power plants.
- The company said rapid growth in Claude usage strained its systems and hurt reliability during peak hours, and it expects the added AWS capacity to ease limits and improve performance for customers.
- AWS customers will be able to open the full Claude Platform directly inside AWS with native billing and security controls, deepening access beyond the Bedrock marketplace.
- Following Monday’s announcement, analysts raised AWS growth forecasts to about 28%–30% and lifted Amazon price targets ahead of April 29 earnings, while shares rose roughly 2.5%–2.7% after hours.