Amazon Doubles Down on Bet That Could Be Its Biggest Risk

Amazon's CEO Andy Jassy recently stated that AWS is 'booming right now' due to its bet on Anthropic, an AI lab where Amazon has invested roughly $200 billion in annual capex. This investment is substantial, with a one-time non-operating pre-tax gain of $53.4 billion recorded in Q2 FY2026.

Anthropic researcher Evan Hubinger recently expressed concerns about the potential dangers of AI, stating that 'we really do earnestly believe AI could kill all humans' and pegging the probability at '>10% within the next decade.'

Jassy acknowledged Anthropic's commitment to secure up to 5 GW of current and future Trainium generations, which is part of Project Rainier, a multi-year, multi-gigawatt commitment.