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deep tech Tech-Economic Times July 22, 2026

AMD to invest up to $5 billion in Anthropic; AI startup to buy up to 2 GW of chips

AMD to invest up to $5 billion in Anthropic; AI startup to buy up to 2 GW of chips
AI Summary

AMD has been ​seeking to expand its foothold in the fast-growing ​AI chip market as developers look to diversify beyond Nvidia, while Anthropic has ​been racing to secure ⁠computing capacity ‌to meet growing demand for ​its ​AI services.

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