By Aditya Soni and Rashika Singh
July 22 (Reuters) - Advanced Micro Devices will sell Anthropic tens of billions of dollars' worth of AI servers and invest as much as $5 billion in the Claude maker, in a deal that would strengthen its foothold in a market dominated by rival Nvidia.
The announcement on Wednesday marks the latest so-called circular deal in the AI industry, where chipmakers invest in AI firms that are among their biggest customers. Nvidia has been in talks to invest $30 billion in ChatGPT creator OpenAI.
Buying AMD chips would secure Anthropic much-needed AI computing capacity. The startup has emerged as one of the leaders in Silicon Valley's artificial intelligence race, thanks to strong adoption of its enterprise tools such as Claude Code.
"It's strategically significant, as each win deepens AMD's credibility as the number-two to Nvidia and supports the slow, steady share gains underpinning its AI growth story," said Emarketer ****** yst Jacob Bourne.
#NVIDIA #deal
July 22 (Reuters) - Advanced Micro Devices will sell Anthropic tens of billions of dollars' worth of AI servers and invest as much as $5 billion in the Claude maker, in a deal that would strengthen its foothold in a market dominated by rival Nvidia.
The announcement on Wednesday marks the latest so-called circular deal in the AI industry, where chipmakers invest in AI firms that are among their biggest customers. Nvidia has been in talks to invest $30 billion in ChatGPT creator OpenAI.
Buying AMD chips would secure Anthropic much-needed AI computing capacity. The startup has emerged as one of the leaders in Silicon Valley's artificial intelligence race, thanks to strong adoption of its enterprise tools such as Claude Code.
"It's strategically significant, as each win deepens AMD's credibility as the number-two to Nvidia and supports the slow, steady share gains underpinning its AI growth story," said Emarketer ****** yst Jacob Bourne.
#NVIDIA #deal
5 days ago
