Advanced Micro Devices (AMD) and AI startup Anthropic established a multi-billion dollar strategic partnership. Anthropic will purchase up to 2 gigawatts of AMD’s forthcoming MI450 AI accelerators. Deployment of the hardware is scheduled to begin in the first half of 2027.
AMD may invest up to $5 billion in Anthropic contingent on specific deployment milestones. Both companies will collaborate to optimize Anthropic’s Claude AI models for AMD hardware. This agreement marks a significant move by AMD to challenge Nvidia’s dominance in the AI chip sector.
AMD shares declined in premarket trading following the announcement at the Advancing AI event. Market analysts attributed the dip to AMD’s high valuation and a broader cooling of the AI stock rally. The reaction precedes several major technology earnings reports.