Amazon turns out to be Anthropic's biggest beneficiary, with $97.9B in convertible debt
Anthropic filed its S-1 on October 26 and plans to list on Nasdaq under the ticker ANT, with share count and price range still undecided. Amazon stands out as the biggest beneficiary, holding convertible debt worth $97.9 billion as of mid-year, far more than any venture capital stake. Other reports put potential valuation around $1 trillion and note the company held $112.4 billion in cash as of June 30, with nearly half of revenue from Claude sales via Microsoft, Amazon and Alphabet clouds.
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