AMD to invest up to $5 billion in Anthropic in AI chip pact

AI Summary AMD (NASDAQ: AMD) said on Wednesday that it will invest as much as $5 billion in Anthropic. The investment involves a multi-year agreement under which Anthropic will use up to 2 gigawatts’ worth of AMD’s Instinct MI450 chips. The deal connects AMD with Anthropic, one of the industry’s largest chip buyers, at a moment when... fulltext: 344 chars | fulltext source: rss-fallback | summary method: extractive Original: https://www.cryptopolitan.com/amd-to-invest-in-anthropic-compute-deal/ Source: CryptoPolitan