AMD to invest up to $5 billion in Anthropic; startup to buy 2 GW of chips

July 22, 2026 at 06:19 PM1 min

This digest was compiled by AI from multiple sources — links to the originals are below.

AMD announced plans to invest up to $5 billion in AI startup Anthropic, with the startup committing to purchase up to 2 gigawatts of AMD chips. The deal signals deepening ties between chipmakers and AI firms amid surging demand for computing power.

The Investment

AMD will invest up to $5 billion in Anthropic, the AI startup behind the Claude chatbot. The funding will be deployed over several years, according to a person familiar with the matter. The deal values Anthropic at roughly $60 billion post-investment.

Chip Purchase Commitment

Anthropic agreed to buy up to 2 gigawatts of AMD's MI-series AI accelerators, enough to power large-scale data centers. The commitment is equivalent to about 1.5 million GPUs based on current power estimates. AMD expects deliveries to begin in 2027.

Market Context

The announcement comes as Nvidia dominates the AI chip market with over 80% share. AMD has been racing to expand its Instinct line to compete. The deal with Anthropic could help AMD secure a foothold in the rapidly growing AI infrastructure sector.