Anthropic Discusses Buying MatX for Seven Billion

Anthropic explored acquiring AI chip startup MatX for roughly seven billion dollars. The discussions highlight the company strategy to build custom hardware and reduce Nvidia reliance.

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FILE PHOTO: Anthropic logo is seen in this illustration taken May 20, 2024. REUTERS/Dado Ruvic/Illustration/File Photo/File Photo

Anthropic discussed acquiring AI chip startup MatX for approximately $7 billion to accelerate custom hardware development. The talks later shifted to a potential partnership between the two companies. The move highlights the AI lab's push to secure dedicated hardware resources for its fast-growing business.

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