{"id":388861,"date":"2026-04-20T14:53:08","date_gmt":"2026-04-20T14:53:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/388861\/"},"modified":"2026-04-20T14:53:08","modified_gmt":"2026-04-20T14:53:08","slug":"amazon-expected-to-report-a-strong-quarter-on-the-backs-of-anthropics-claude-ai-demand","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/388861\/","title":{"rendered":"Amazon expected to report a strong quarter on the backs of Anthropic’s Claude, AI demand"},"content":{"rendered":"\n

When Amazon (AMZN<\/a>) reports earnings on April 29, it may have some bullish numbers to convey to Wall Street.<\/p>\n

And AI juggernaut Anthropic (ANTH.PVT<\/a>) may be a large reason why.<\/p>\n

“We believe AWS [Amazon Web Services] is benefiting from a combination of capacity gains, AI diffusion, and client expansion,” KeyBanc analyst Justin Patterson said in a note on Monday. “Anthropic has been a long-standing AWS customer, and its rapid growth in annual recurring revenue (from $9 billion in December 2025 to $30 billion in early April 2026) provides a meaningful tailwind to AWS growth (we assume AWS is about 60% of Anthropic spend).”<\/p>\n

Anthropic has had a huge year on the development front, likely pointing to the need to extract as much AWS cloud computing power as possible.<\/p>\n

This month, the company released Claude Opus 4.7 \u2014 its most advanced reasoning model to date. It also unveiled the controversial Claude Mythos, a “hyper-agentic” model so powerful that Anthropic has restricted it from public release<\/a> due to national security risks.<\/p>\n

A 30% revenue growth rate for AWS for the quarter would likely be well-received by the Street, as it would represent an acceleration from 2025. AWS generated $128.7 billion in revenue in 2025, representing a 20% increase from the prior year.<\/p>\n

Read more: Live coverage of corporate earnings<\/a><\/p>\n

While AWS sales stand to get an Anthropic jolt, Amazon’s balance sheet could also show a big boost from the model builder.<\/p>\n

Amazon has invested $8 billion in Anthropic since late 2023. At the end of last year, the company held $45.8 billion of convertible notes and $14.8 billion of nonvoting preferred stock in Anthropic, per its annual report. That puts Amazon’s total stake at a valuation of $60.6 billion.<\/p>\n

Anthropic announced a $30 billion capital raise in February, valuing it at $380 billion. It’s the third-highest valued private company, according to Yahoo Finance data<\/a>. It has reportedly received investor interest at a $800 billion valuation<\/a> recently.<\/p>\n

Besides Anthropic, KeyBanc’s Patterson said Amazon AWS will benefit from strong AI-related demand. It’s a view supported by strong earnings results<\/a> out of chip manufacturer Taiwan Semiconductor (TSM<\/a>) last week.<\/p>\n

Increasing adoption of AI “increases the likelihood of 30% year over year AWS growth in the first quarter, with further acceleration likely in 2026,” Patterson said.<\/p>\n

“Finally, we note Amazon CEO Andy Jassy seemed open-minded in the annual shareholder letter to selling Trainium chips to third-parties,” Patterson added. “Chips have already surpassed $20B in revenue (>triple-digit year over year growth) through AWS, implying there could be one more growth lever to pull.”<\/p>\n","protected":false},"excerpt":{"rendered":"When Amazon (AMZN) reports earnings on April 29, it may have some bullish numbers to convey to Wall…\n","protected":false},"author":2,"featured_media":388862,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[365,414,6166,363,364,12033,201278,111,139,69,145],"class_list":["post-388861","post","type-post","status-publish","format-standard","has-post-thumbnail","category-artificial-intelligence","tag-ai","tag-amazon","tag-anthropic","tag-artificial-intelligence","tag-artificialintelligence","tag-aws","tag-justin-patterson","tag-new-zealand","tag-newzealand","tag-nz","tag-technology"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/388861","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=388861"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/388861\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/388862"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=388861"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=388861"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=388861"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}