AMD to invest up to $5 billion in Anthropic: Report
AMD has reportedly signed a deal to invest up to $5 billion in AI startup Anthropic, including the purchase of next-generation AI server chips. This move is part of AMD's strategy to compete with Nvidia in the high-growth AI hardware market.
Why it matters
The deal signals a significant shift in the AI infrastructure landscape as major chipmakers vie for dominance in the data center market.
Advanced Micro Devices has signed a deal with artificial intelligence startup Anthropic for tens of billions of dollars worth of AI servers and will invest up to $5 billion in the company, the Wall Street Journal reported on Tuesday.
The agreement covers up to 2 gigawatts of AMD’s next-generation Instinct MI450 chips , with deliveries set to begin in the first half of 2027, the report said.
Industry executives have said 1 gigawatt of computing power, enough to power roughly 750,000 U.S. homes, can cost around $50 billion.
Get smarter about the news
Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.
Create free accountAlready have an account? Sign in