Mentioned:
AMD +1.42% MU -1.20%
Anthropic is making their biggest bet ever on AMD’s hardware. But, why?
What’s happening:
- AMD (NASDAQ: AMD) and Anthropic have entered into a new deal in which Anthropic will deploy up to 2 gigawatts of AMD’s newest artificial intelligence chips
Why it matters:
- This is the single largest commitment Anthropic has ever made to using AMD’s artificial intelligence chips and GPUs
Going deeper:
- AMD has publicly stated they will invest up to $5B USD into Anthropic as part of the new deal
- OpenAI and AMD previously made major waves on Wall Street when they struck a deal to deploy up to 6 gigawatts of AMD’s Instinct GPUs to power artificial intelligence workloads in exchange for warrants in AMD to acquire up to 10% of the AMD’s common stock
The intrigue:
- Anthropic has been cutting a flurry of deals with publicly traded companies lately, including just recently partnering with Micron (NASDAQ: MU) to co-design how memory and storage subsystems will be used in Anthropic’s training and inference infrastructure
