AMD Puts $5 Billion Into Anthropic to Lock In 2 Gigawatts of MI450 Chips

AMD agreed to invest up to $5 billion in Anthropic, tied to Anthropic committing to buy up to 2 gigawatts of AMD's forthcoming Instinct MI450 chips starting in 2027 — a circular deal that binds capital, compute, and power.

AMD has agreed to invest up to $5 billion in Anthropic, with the investment structured around Anthropic committing to purchase up to 2 gigawatts of AMD's new Instinct MI450 chips beginning in 2027, according to @sureshkrishna. A separate account, @AlpacaNetworkAI, described the broader arrangement as "tens of billions in AI servers" alongside the 2GW of MI450 capacity.

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