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AMD to invest up to $5 billion in Anthropic to boost computing capacity
The investment is tied to an agreement that will expand infrastructure needed to increase Anthropic's computing capacity, following a series of such deals announced by the company this year.
AMD plans to invest up to $5 billion in Anthropic as part of a computing power arrangement aimed at expanding the AI startup's capacity, according to CNBC Markets.
The deal is described as the latest in a string of infrastructure agreements AMD and Anthropic have outlined this year to increase compute availability.
CNBC World also framed the announcement as part of Anthropic's broader effort to secure additional computing infrastructure to support its operations.