Newsletter
Claude AI maker Anthropic is now the world’s third most valuable company at $350 billion, following a joint $15 billion investment from tech giants Microsoft and Nvidia.
The deets: Microsoft will invest up to $5 billion, while Nvidia will commit $10 billion to the company.
What will the companies gain: under the strategic partnership:
- Anthropic will buy $30 billion worth of Azure compute and secure additional capacity of up to 1 GW from Microsoft.
- It will also deploy 1 GW of computing power using Nvidia’s Grace Blackwell and Vera Rubin systems.
- Microsoft will expand Claude’s reach across Azure and offer customers more model choices at competitive rates.
- Nvidia will co-design and engineer systems to improve the performance, efficiency, and overall cost-effectiveness of Anthropic’s models.
FYI: last month, Microsoft stepped away from OpenAI amid the latter’s restructuring. While it still holds a 27% stake in the ChatGPT maker’s for-profit arm, the company is now looking to reduce its dependence on OpenAI.
Big picture: deals like these show how deeply interconnected the AI ecosystem is, with cloud players, chipmakers, and model developers relying on each other to keep the momentum going.
Bottomline: the partnership strengthens Anthropic’s position as a serious generative AI rival to OpenAI and Google’s Gemini.
