Anthropic at one point discussed acquiring AI chip startup MatX in a deal valued at roughly $7 billion, according to ChainCatcher, which cited people familiar with the matter. The talks were aimed at speeding up development of custom hardware for Anthropic’s artificial intelligence business. Those acquisition discussions have since shifted into talks about a partnership instead. Separately, MatX is seeking a new round of funding at a valuation of about $4 billion. The report did not disclose further details on timing or terms beyond those figures.
Anthropic previously held talks to acquire artificial intelligence chip startup MatX for roughly $7 billion, according to ChainCatcher, citing people familiar with the matter. The proposed deal was intended to accelerate development of custom hardware for Anthropic’s AI business.
Those merger and acquisition talks have since turned into discussions about a partnership. Separately, MatX is seeking a new funding round at a valuation of about $4 billion.
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