Advanced Micro Devices (AMD) has signed a multi-billion-dollar AI server partnership with Anthropic, according to The Wall Street Journal. Under the agreement, Anthropic is set to begin buying as much as 2 gigawatts of AMD’s next-generation Instinct MI450 chips for its data centers starting in the first half of 2027. Part of the computing capacity will also be leased through other major cloud service providers or newer cloud companies. The deal includes a financing component as well: if certain compute deployment milestones are met, AMD will invest up to $5 billion in Anthropic in exchange for an equity stake. The report said this would mark AMD’s first investment in an AI company. AMD’s chief executive said the company has long wanted to become a key infrastructure partner for Anthropic, adding that engineering teams from both sides have already been working together for some time.
AMD has signed a multi-billion-dollar AI server agreement with Anthropic, The Wall Street Journal reported on July 23.
Under the terms of the deal, Anthropic will start purchasing up to 2 gigawatts of AMD’s next-generation Instinct MI450 chips for its data centers in the first half of 2027. It will also lease part of the computing capacity through other large cloud service providers or newer cloud vendors.
The agreement also includes a capital commitment. Once certain compute deployment milestones are reached, AMD will invest up to $5 billion in Anthropic in exchange for an equity stake. The report said this would be AMD’s first investment in an AI company.
AMD’s chief executive said, "We have long wanted to be an important infrastructure partner for Anthropic," adding that engineering teams at the two companies have already been working together for some time.
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