Economic Times Tech
7/22/2026
The original title is: "AMD to invest up to $5 billion in Anthropic; AI startup to buy up to 2 GW of chips"
Original: AMD to invest up to $5 billion in Anthropic; AI startup to buy up to 2 GW of chips
Short summary
AMD is reportedly investing up to $5 billion in Anthropic as part of a strategic push to expand its share of the AI chip market. In return, Anthropic has committed to purchasing up to 2 GW of AMD chips to secure computing capacity for its growing AI services demand. The deal signals a significant shift in AI infrastructure sourcing as developers seek alternatives to Nvidia's dominant GPU supply.
- •AMD investing up to $5B in Anthropic to gain AI chip market share
- •Anthropic to buy up to 2 GW of AMD chips for compute capacity
- •Deal reflects industry push to diversify beyond Nvidia for AI hardware
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