Amazon's $13B Bet on Anthropic Now Worth Staggering $190 Billion

Amazon's massive bet on Anthropic has turned into a staggering $190 billion valuation for the AI company, making it one of the largest private companies in the world.

The initial investment of $13 billion made by Amazon has ballooned as Anthropic's valuation surged to $965 billion following its Series H funding round in May 2026. This means that Amazon's stake in Anthropic is now worth somewhere between $180 billion and $240 billion, with the option to deploy an additional $20 billion contingent on performance milestones.

The partnership between Anthropic and Amazon is significant not just for Amazon but also for the crypto community. AWS, Amazon's cloud computing platform, is already a backbone for many crypto infrastructure projects, including Ethereum nodes, DeFi protocols, NFT marketplaces, and blockchain analytics platforms.

This integration means that Anthropic's AI-driven tools will likely see accelerated deployment, including fraud detection for on-chain transactions, smarter smart contract auditing, and more sophisticated risk modeling for DeFi lending protocols. This creates a three-way arms race in the AI infrastructure space, with Microsoft and Google also vying for dominance.

The impending IPO of Anthropic will be another major catalyst for Amazon's paper gains, crystallizing the company's returns into something that can be properly priced by the market.