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AMD to invest up to $5 billion in AI startup Anthropic
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Advanced Micro Devices (AMD) will invest up to $5 billion in AI startup Anthropic, which will use the chips in its data centers and cloud providers.
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AMD to invest up to $5 billion in AI startup Anthropic
Advanced Micro Devices (AMD) announced plans to invest up to $5 billion in AI startup Anthropic. The investment will fund the development and deployment of AI chips, which Anthropic will use in its own data centers and through leased capacity from cloud providers. The deal highlights AMD’s strategic expansion into the AI chip market, where demand for generative AI technologies is surging. The collaboration aims to accelerate AI innovation and infrastructure growth. Financial terms and timelines were not disclosed.
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