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AI & TechHindustan Times

AMD to invest up to $5 billion in Anthropic as AI startup buys AMD chips

in5points
  1. AMD will invest up to $5 billion in AI startup Anthropic, contingent on meeting specific deployment milestones.

  2. Anthropic will purchase up to 2 gigawatts of AMD's latest-generation AI chips, with deliveries starting in the first half of 2027.

  3. AMD aims to strengthen its position in the AI chip market as a competitor to Nvidia, with Anthropic seeking alternatives for AI hardware.

  4. Anthropic will use some AMD chips in its own data centers and lease additional capacity from cloud providers and neocloud operators.

  5. AMD is discussing a financial backstop for Anthropic's future data-center leases to support the startup's AI infrastructure expansion.

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