All 5 deals between Amazon and Anthropic: $133B in total since Sep 25, 2023, with dates, status and sources. Updated Nov 9, 2026.
In exchange for Amazon's investment, Anthropic commits to spend over $100 billion on AWS over 10 years, up to 5 GW (Trainium2/3).
$5 billion immediately (at a $380 billion valuation) and up to $20 billion tied to commercial milestones, on top of the $8 billion already invested.
AWS activates Project Rainier, a cluster of about 500,000 Trainium2 chips dedicated to Anthropic, which aims for over 1 million chips by end-2025.
Second $4 billion investment; Anthropic picks AWS as primary training partner and Trainium chips.
Amazon's first investment in Anthropic: $1.25 billion upfront and $2.75 billion completed in March 2024. AWS becomes primary cloud provider.