The Hindu·2 min read·medium
AMD to invest up to $5 billion in Anthropic: Report
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Reuters
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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.
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.
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