What happened
Amazon reported a 38% increase in third-quarter profit, reaching $21.2 billion. This rise was partly due to a $9.5 billion paper gain from its investment in AI startup Anthropic.
Why it matters
- The Anthropic investment significantly boosted Amazonâs quarterly profits.
- The profit increase reflects Amazonâs growing focus on AI and technology investments.
- Strong earnings may influence investor confidence and future funding strategies.
Key facts
- 1. Amazonâs third-quarter profit was $21.2 billion, a 38% increase year over year.
- 2. The $9.5 billion gain came from Amazonâs investment in AI startup Anthropic.
- 3. The report was published 21 hours ago, covering Q3 2025 results.
