Amazon Just Announced A $25B Investment In This One Stock
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Shares in Amazon just jumped up a massive 3% after they announced plans to increase their total investment in Anthropic to $25 billion.
Currently it’s only (‘only’, lol) $5 billion but if certain conditions are met that’ll get bumped up by $20 billion… as you do.
The news comes as part of Anthropic’s commitment to spend a $100 billion on chips and up to 5 gigawatts of computing power from Amazon AND IN NO WAY SIGNIFYS A BUBBLE.
On the other side of the ropes (?), Anthropic’s main rival, OpenAI has cozied up to Microsoft and Google for their money/power needs.
In February this year, OpenAI and Anthropic raised more that $150 billion dollars in money, the largest private investment period in the history of tech.
There’s more to this story, probably but that’s the gist of it and it’s kind of boring, right? Like, it’s a bit dry. Numbers, numbers, numbers, business, business, business. BORING.
Wanna see something really cool? Look at this:
*does really cool backflip*
Yeah, pretteee sweet. Took me a long time to learn that. Do you want me to show you how to do it? It’s real simple, all you have to is throw your head back violently, throw your hands up and then just drop to the floor. Go on, give it a try.
*you do a really shit backflip and it’s really embarrassing and everyone laughs at you*
OH! Oh shit, oh my god, I’m sorry, are you ok? That wasn’t a backflip, you literally just jumped backwards onto your neck. Oh my god, are you dead?
Oh shit. I think you might be dead.
Damn, you’ll never get to see if Anthropic reaches its commercial milestones and secures an extra $20 billion in funding from Amazon over time! Bummer.
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