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Jul 23, 2026
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AMD Invests in AI Startup

OBBM Network Editorial Staff
July 22, 2026
Amd Invests In Ai Startup

Advanced Micro Devices has signed a deal with artificial intelligence startup Anthropic for tens of billions of dollars worth of AI servers and will invest up to $5 billion in the company, according to the Wall Street Journal.

Deal Details

The agreement covers up to 2 gigawatts of AMD’s next-generation Instinct MI450 chips, with deliveries set to begin in the first half of 2027. Anthropic will use the chips in its own data centers and through leased capacity from cloud providers.

Original reporting: Appleton, WI News Feed (HLL/CB) — read the source article.

OBBM Network Editorial Staff

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Editorial team behind OBBM Network — independent, hyper-local journalism syndicated through HyperLocalLoop and OBBM Network TV.

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