AMD AND ANTHROPIC SIGN MAJOR CHIPS-AND-INVESTMENT DEAL

Summary from the TLDR AI newsletter

AMD and Anthropic have signed a deal for tens of billions of dollars' worth of AI servers. Anthropic will purchase up to 2 gigawatts of AMD's Instinct MI450 chips starting in the first half of next year. AMD will invest up to $5 billion in Anthropic as certain deployment milestones are met. The companies are working together to identify data centers for the chips.