Amazon Lands $100 B Anthropic Cloud Deal, Plans $25 B Investment; Faces Price-Fixing Suit
Amazon secured over $100 billion in committed cloud spending from AI startup Anthropic over the next decade and will invest $5 billion now plus up to $20 billion more upon hitting commercial milestones. California’s attorney general alleges Amazon pressured vendors like Levi Strauss to raise rival-site prices, exposing the company to antitrust scrutiny.
1. AI Partnership with Anthropic
Amazon said Anthropic will spend more than $100 billion over the next ten years on its cloud technologies, deepening their AI collaboration. Amazon will invest $5 billion immediately and up to $20 billion more upon satisfying certain commercial milestones, adding to an existing $8 billion stake.
2. Antitrust Price-Fixing Allegations
California’s attorney general released a court filing alleging Amazon instructed vendors such as Levi Strauss and Home Depot to raise prices on competing platforms under threat of penalties. Amazon dismissed the claims as political theater but now faces heightened regulatory scrutiny with a 2027 trial on the horizon.