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AMD says will invest up to $5bn in Anthropic in chip deal

Published: 22 Jul 2026 - 04:58 pm | Last Updated: 22 Jul 2026 - 04:59 pm
Peninsula

AFP

Washington, United States: US chipmaker AMD said Wednesday that it is set to invest up to $5 billion in artificial intelligence start-up Anthropic, as both companies announced a partnership that also includes a major order for processors.

The deal signals the ambition of the California-based AMD as it seeks to position itself as a competitor to Nvidia in the market for high-performance AI chips.