AMD Invests $5 Billion in Anthropic for Chip Deal
AMD is investing up to $5 billion in Anthropic. Anthropic makes artificial intelligence systems.
The deal includes a major chip agreement between the two companies. Anthropic agreed to buy tens of billions of dollars in AMD chips.
These are AMD's newest AI server chips. Anthropic will use up to 2 gigawatts of AMD's Instinct MI450 chips.
The first gigawatt will start deployment in early 2027. AMD's investment depends on meeting deployment goals.
This is AMD's first-ever investment in an AI company. The deal helps AMD secure a major customer for its AI processors.
AMD stock rose 8.11% after the announcement. AMD recently made similar deals with OpenAI and Meta.
AMD wants to challenge Nvidia's lead in AI chips. Anthropic has signed several infrastructure deals this year.
These deals help Anthropic increase its computing power. The AMD deal is part of this wider expansion plan.
Key Terms 3
- gigawatt A unit measuring large amounts of electric power.
- AI server chips Computer chips built to run artificial intelligence programs.
- Anthropic A company that builds artificial intelligence systems.