{"entity":{"id":"amazon","name":"Amazon","short":"Amazon","kind":"public","ticker":"AMZN","note":"Booked $53.4B of non-operating gains, mainly on Anthropic, in Q2 2026; completed its $50B OpenAI investment by July 2026."},"outEdges":[{"id":"75ec7836c036","from":"amazon","to":"openai","type":"equity_investment","amountUsdB":50,"amountNote":"$15B upfront + $35B once conditions were met (reported: an IPO or an AGI milestone). Amazon's Q2 2026 report: $15B in Q1, $13.7B in Q2, the remaining $21.3B after June 30 - fully funded by July 2026.","announced":"2026-02-27","status":"closed","source":"https://www.aboutamazon.com/news/aws/amazon-open-ai-strategic-partnership-investment","sourceLabel":"Amazon newsroom","altSource":"https://www.aboutamazon.com/news/company-news/amazon-earnings-q2-2026-report","confidence":"medium"},{"id":"35c7c48f0c77","from":"amazon","to":"anthropic","type":"equity_investment","amountUsdB":8,"amountNote":"$4B (announced 2023-09-25) + $4B (2024-11-22), largely via convertible notes; Amazon a minority, non-voting holder. Amazon's Q2 2026 results booked $53.4B of non-operating gains mainly from Anthropic marks.","announced":"2023-09-25","status":"closed","source":"https://www.cnbc.com/2024/11/22/amazon-to-invest-another-4-billion-in-anthropic-openais-biggest-rival.html","sourceLabel":"CNBC","confidence":"high"},{"id":"c049c5ab526f","from":"amazon","to":"anthropic","type":"equity_investment","amountUsdB":25,"amountNote":"Up to: $5B invested at $380B valuation (2026-04-20) + up to $20B 'tied to certain commercial milestones'. Anthropic's Series H (May 2026) counts the $5B among '$15B of previously committed investments from hyperscalers'.","announced":"2026-04-20","status":"partial","source":"https://www.aboutamazon.com/news/company-news/amazon-invests-additional-5-billion-anthropic-ai","sourceLabel":"Amazon newsroom","altSource":"https://www.cnbc.com/2026/04/20/amazon-invest-up-to-25-billion-in-anthropic-part-of-ai-infrastructure.html","confidence":"high"}],"inEdges":[{"id":"075d0d3688b2","from":"openai","to":"amazon","type":"compute_contract","amountUsdB":38,"amountNote":"Seven-year AWS agreement; hundreds of thousands of Nvidia GPUs; all capacity targeted before end-2026.","announced":"2025-11-03","status":"announced","source":"https://www.aboutamazon.com/news/aws/aws-open-ai-workloads-compute-infrastructure","sourceLabel":"Amazon newsroom","confidence":"high"},{"id":"b7e6a21f96ff","from":"openai","to":"amazon","type":"compute_contract","amountUsdB":100,"amountNote":"Expansion of the $38B agreement 'by $100 billion over 8 years', including ~2 GW of Trainium capacity.","announced":"2026-02-27","status":"announced","source":"https://www.aboutamazon.com/news/aws/amazon-open-ai-strategic-partnership-investment","sourceLabel":"Amazon newsroom","confidence":"high"},{"id":"db4e9320df16","from":"anthropic","to":"amazon","type":"compute_contract","amountUsdB":100,"amountNote":"'More than $100 billion over the next ten years on AWS'; up to 5 GW of Trainium/Graviton capacity.","announced":"2026-04-20","status":"announced","source":"https://www.aboutamazon.com/news/company-news/amazon-invests-additional-5-billion-anthropic-ai","sourceLabel":"Amazon newsroom","confidence":"high"}],"outUsdB":83,"inUsdB":238,"partners":[{"id":"openai","name":"OpenAI","outUsdB":50,"inUsdB":138,"deals":3,"circular":true},{"id":"anthropic","name":"Anthropic","outUsdB":33,"inUsdB":100,"deals":3,"circular":true}],"circularPairs":[{"a":{"id":"openai","name":"OpenAI","short":"OpenAI","kind":"private","valuationUsdB":852,"valuationAsOf":"2026-03-31","valuationSource":"https://www.cnbc.com/2026/03/31/openai-funding-round-ipo.html","note":"$122B round closed 2026-03-31 at $852B post-money (Amazon $50B, SoftBank $30B, Nvidia $30B). Confidential draft S-1 submitted to the SEC on 2026-06-08."},"b":{"id":"amazon","name":"Amazon","short":"Amazon","kind":"public","ticker":"AMZN","note":"Booked $53.4B of non-operating gains, mainly on Anthropic, in Q2 2026; completed its $50B OpenAI investment by July 2026."},"aToB":[{"from":"openai","to":"amazon","type":"compute_contract","amountUsdB":38,"amountNote":"Seven-year AWS agreement; hundreds of thousands of Nvidia GPUs; all capacity targeted before end-2026.","announced":"2025-11-03","status":"announced","source":"https://www.aboutamazon.com/news/aws/aws-open-ai-workloads-compute-infrastructure","sourceLabel":"Amazon newsroom","confidence":"high"},{"from":"openai","to":"amazon","type":"compute_contract","amountUsdB":100,"amountNote":"Expansion of the $38B agreement 'by $100 billion over 8 years', including ~2 GW of Trainium capacity.","announced":"2026-02-27","status":"announced","source":"https://www.aboutamazon.com/news/aws/amazon-open-ai-strategic-partnership-investment","sourceLabel":"Amazon newsroom","confidence":"high"}],"bToA":[{"from":"amazon","to":"openai","type":"equity_investment","amountUsdB":50,"amountNote":"$15B upfront + $35B once conditions were met (reported: an IPO or an AGI milestone). Amazon's Q2 2026 report: $15B in Q1, $13.7B in Q2, the remaining $21.3B after June 30 - fully funded by July 2026.","announced":"2026-02-27","status":"closed","source":"https://www.aboutamazon.com/news/aws/amazon-open-ai-strategic-partnership-investment","sourceLabel":"Amazon newsroom","altSource":"https://www.aboutamazon.com/news/company-news/amazon-earnings-q2-2026-report","confidence":"medium"}],"aToBUsdB":138,"bToAUsdB":50},{"a":{"id":"anthropic","name":"Anthropic","short":"Anthropic","kind":"private","valuationUsdB":965,"valuationAsOf":"2026-05-28","valuationSource":"https://www.anthropic.com/news/series-h","note":"Series G: $30B at $380B post-money (2026-02-12). Series H: $65B at $965B post-money (2026-05-28; run-rate revenue above $47B). Confidential draft S-1 submitted on 2026-06-01."},"b":{"id":"amazon","name":"Amazon","short":"Amazon","kind":"public","ticker":"AMZN","note":"Booked $53.4B of non-operating gains, mainly on Anthropic, in Q2 2026; completed its $50B OpenAI investment by July 2026."},"aToB":[{"from":"anthropic","to":"amazon","type":"compute_contract","amountUsdB":100,"amountNote":"'More than $100 billion over the next ten years on AWS'; up to 5 GW of Trainium/Graviton capacity.","announced":"2026-04-20","status":"announced","source":"https://www.aboutamazon.com/news/company-news/amazon-invests-additional-5-billion-anthropic-ai","sourceLabel":"Amazon newsroom","confidence":"high"}],"bToA":[{"from":"amazon","to":"anthropic","type":"equity_investment","amountUsdB":8,"amountNote":"$4B (announced 2023-09-25) + $4B (2024-11-22), largely via convertible notes; Amazon a minority, non-voting holder. Amazon's Q2 2026 results booked $53.4B of non-operating gains mainly from Anthropic marks.","announced":"2023-09-25","status":"closed","source":"https://www.cnbc.com/2024/11/22/amazon-to-invest-another-4-billion-in-anthropic-openais-biggest-rival.html","sourceLabel":"CNBC","confidence":"high"},{"from":"amazon","to":"anthropic","type":"equity_investment","amountUsdB":25,"amountNote":"Up to: $5B invested at $380B valuation (2026-04-20) + up to $20B 'tied to certain commercial milestones'. Anthropic's Series H (May 2026) counts the $5B among '$15B of previously committed investments from hyperscalers'.","announced":"2026-04-20","status":"partial","source":"https://www.aboutamazon.com/news/company-news/amazon-invests-additional-5-billion-anthropic-ai","sourceLabel":"Amazon newsroom","altSource":"https://www.cnbc.com/2026/04/20/amazon-invest-up-to-25-billion-in-anthropic-part-of-ai-infrastructure.html","confidence":"high"}],"aToBUsdB":100,"bToAUsdB":33}]}