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.
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.
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Andrey Matveev
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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.
The agreement, which was formally announced on Wednesday, includes a commitment from Anthropic to purchase tens of billions of dollars worth of AMD’s latest AI server chips. As part of this computing power deal, the startup plans to deploy up to 2 gigawatts of AMD’s Instinct MI450 AI GPUs utilizing the new Helios rack-scale system. Following the announcement, AMD shares saw a decline in pre-market trading.
Sources 4
- CNA — AMD to invest up to $5 billion in Anthropic, WSJ Reports (opens in a new window)
- investing.com — AMD to invest up to $5 billion in Anthropic, WSJ Reports (opens in a new window)
- Yahoo Finance — AMD to invest up to $5 billion in Anthropic, WSJ reports (opens in a new window)
- WSJ — Exclusive | AMD and Anthropic Sign Major Chips-and-Investment Deal (opens in a new window)
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