Big Tech pours into Anthropic
- Amazon’s total committed investment in Anthropic reached $8 billion by November 2024, and Google agreed to invest another $1 billion in January 2025, extending a partnership that already included a roughly $2 billion commitment. - Anthropic said on March 3, 2025, that it raised $3.5 billion in a Series E round led by Lightspeed at a $61.5 billion post-money valuation, with Salesforce Ventures, Cisco Investments and Fidelity also participating. - The tie-up puts Anthropic at the center of the cloud fight between Amazon Web Services and Google Cloud as both companies chase demand for generative artificial intelligence. (anthropic.com)
Anthropic has become one of Big Tech’s most heavily financed artificial intelligence companies, with Amazon and Google both deepening their bets in 2024 and 2025. (anthropic.com) (aboutamazon.com) Amazon said in November 2024 that it had completed its full $8 billion investment in Anthropic. The companies tied that money to a broader deal to build and deploy Anthropic models through Amazon Web Services, or AWS. (aboutamazon.com) Google then agreed in January 2025 to invest another $1 billion in Anthropic, according to multiple reports, adding to an earlier commitment of about $2 billion. That gave Google a larger financial stake while Anthropic continued using Google Cloud capacity. (reuters.com) (blog.google) Anthropic itself raised a separate $3.5 billion Series E round on March 3, 2025, at a $61.5 billion post-money valuation. Lightspeed Venture Partners led that financing, and Salesforce Ventures, Cisco Investments, Fidelity and others joined. (anthropic.com) That financing stack shows the company is not funded by one patron. Anthropic is selling model access to customers while also taking capital and computing support from two of the three largest United States cloud providers. (anthropic.com) (aboutamazon.com) (blog.google) The money is tied to a practical bottleneck: training and running large language models requires huge volumes of specialized chips and data-center power. Amazon has promoted Anthropic on AWS chips including Trainium and Inferentia, while Google has pitched its own cloud infrastructure to the startup. (aboutamazon.com) (blog.google) Anthropic was founded in 2021 by former OpenAI researchers including siblings Dario Amodei and Daniela Amodei. Its Claude family of models competes with OpenAI’s ChatGPT and Google’s Gemini in the market for chatbots, coding tools and enterprise artificial intelligence services. (anthropic.com) Regulators have also been watching the structure of these deals. The Federal Trade Commission said in January 2025 that it was studying partnerships and investments involving Amazon, Google and Microsoft with artificial intelligence companies, including Anthropic. (ftc.gov) The numbers in the Mint summary do not line up with the public record. The disclosed figures are $8 billion from Amazon, about $3 billion from Google before the January 2025 top-up, and a separate $3.5 billion venture round that valued Anthropic at $61.5 billion. (aboutamazon.com) (reuters.com) (anthropic.com) Anthropic’s role now is less about one headline check than about where its models run, who supplies the chips, and which cloud platform wins the customer relationship. (aboutamazon.com) (blog.google)