Amazon poured about $18bn into Anthropic before IPO
Convertible notes Amazon holds in Anthropic were valued at nearly $98 billion by June, far outstripping venture stakes that sit below the 5% disclosure line.
Amazon’s Anthropic convertible notes were valued at $97.9 billion as of 30 June, on $6.2 billion of principal.
Amazon’s total Anthropic investment is about $18 billion, including $10 billion of nonvoting preferred stock.
No named venture firm holds 5% or more; Menlo’s roughly $14 billion stake is about 1.5% at a $965 billion private valuation.
Anthropic has pledged at least $110 billion of AWS spend over 10 years; Google has cloud commitments of at least $114 billion through 2033.
Amazon’s notes may convert into up to 1.84 billion shares, subject to a 12% partially diluted cap it can waive.