Filing: Amazon restructured part of its $8B Anthropic investment from convertible notes into stock in Q1, creating a $3.3B pre-tax gain that boosted its profits (Todd Bishop/GeekWire)

by #AI [2.0] May 2, 2025 · Automatic / Editor's Picks [News]

Todd Bishop / GeekWire:
Filing: Amazon restructured part of its $8B Anthropic investment from convertible notes into stock in Q1, creating a $3.3B pre-tax gain that boosted its profits — Amazon restructured part of its investment in AI startup Anthropic from convertible notes into stock in the first quarter …