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AMD to Invest $5B in Anthropic Under New AI Chip Deal

The agreement covers up to 2 gigawatts of AMD Instinct MI450 chips and includes an investment of up to $5 billion, Reuters reported.

  • Advanced Micro Devices Inc. announced on Wednesday a strategic partnership with Anthropic, investing up to $5 billion in the AI startup while Anthropic will purchase up to 2 gigawatts of AMD's next-generation Instinct MI450 chips, with deliveries beginning in the first half of 2027.
  • AMD has been seeking to expand its foothold in the fast-growing AI chip market as developers diversify beyond Nvidia, while Anthropic has been racing to secure computing capacity to meet growing demand for its AI services.
  • Anthropic will deploy 2 gigawatts of AMD Instinct MI450 Series GPUs in AMD Helios rack-scale solutions across its own data centers and leased cloud capacity. AMD CEO Lisa Su stated the engineering teams have collaborated closely, emphasizing "large-scale AI computing deployments require long-term planning."
  • AMD is in discussions to provide a financial backstop for Anthropic's future data-center leases, with the $5 billion investment tied to certain deployment milestones and the first gigawatt arriving in the first half of 2027.
  • Industry executives say 1 gigawatt of computing power costs around $50 billion and can power roughly 750,000 U.S. homes, positioning AMD's partnership as a significant shift in AI infrastructure procurement away from Nvidia's market dominance.
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AMD announced on Wednesday a strategic partnership with the company of artificial intelligence Anthropogenic, which includes an investment of up to $5 billion in the development of Claude models and a comprehensive agreement for the supply of computing power to artificial intelligence, CNBC transmits.

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Seeking Alpha broke the news in Ra'anana, Israel on Wednesday, July 22, 2026.
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