AMD to Invest Up to $5 Billion in Anthropic, WSJ Reports
The chipmaker's planned investment in the AI company has been reported by the Wall Street Journal.
Andrey Matveev
AMD is set to invest up to $5 billion in Anthropic, according to a report by the Wall Street Journal.
The Wall Street Journal reported the AMD-Anthropic investment deal, describing it as a major chips-and-investment deal.
Updates
The agreement includes a commitment for Anthropic to purchase up to 2 gigawatts of chips from AMD as part of a broader deal to expand the startup's computing power. Following the announcement, AMD shares experienced a dip during pre-market trading.
Beyond the initial investment, Anthropic has committed to purchasing tens of billions of dollars worth of AMD's latest AI server chips to secure up to 2 GW of computing power. This agreement marks the latest addition to a series of infrastructure deals aimed at boosting the startup's capacity, while AMD shares saw a dip in pre-market trading following the announcement.
Technology Correspondent · Talivio News
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Sources
- — AMD to invest up to $5 billion in Anthropic, WSJ Reports (opens in a new window)
- — AMD to invest up to $5 billion in Anthropic, WSJ Reports (opens in a new window)
- — AMD to invest up to $5 billion in Anthropic, WSJ reports (opens in a new window)
- — Exclusive | AMD and Anthropic Sign Major Chips-and-Investment Deal (opens in a new window)