AMD to Invest up to $5 Billion in Anthropic, Supply AI Chips on July 22

AMD1.42%
According to CNBC, on July 22, AMD announced a strategic partnership with Anthropic involving up to $5 billion in investment and a commitment to supply its latest AI chips at scale. The chipmaker will invest up to $5 billion in the Claude AI model developer, while Anthropic has agreed to become a major buyer of AMD's advanced AI processors.
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