AMD has committed to invest up to $5 billion in Anthropic, contingent on the deployment of its Instinct MI450 GPUs. The AI laboratory plans to use up to 2 gigawatts of these chips housed in AMD’s Helios rack-scale systems, with the first rollout targeted for the first half of 2027. Payments will depend on delivery and deployment milestones, with the first expected in 2027 and the full investment spread through fiscal year 2028. AMD is acquiring non-voting Class N shares that carry the same economic rights as Class A shares. The partnership also includes optimizing Anthropic workloads for ROCm and using Claude models for AMD’s internal software development.
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