AMD to sell Anthropic tens of billions in AI servers, invest up to $5bn in startup

Advanced Micro Devices (AMD) will sell Anthropic tens of billions of dollars’ worth of AI servers and invest as much as $5bn in the Claude maker, in a deal that would strengthen its foothold in a market dominated by rival Nvidia. The announcement on Wednesday marks the latest so-called circular deal in the AI industry, where chipmakers invest in AI firms that are among their biggest customers. Nvidia has been in talks to invest $30bn in ChatGPT creator OpenAI. Buying AMD chips would secure Anthr...