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Exclusive-Anthropic planned, then abandoned $7 billion purchase of MatX, sources say

🫣 Anthropic Almost Spent $7 Billion On Chips

Published by OOPSONLINE.IN Ā· Source: The Star Ā· 1 min read Ā· Ā· Updated

šŸ‘€ OOPS SAYS

Putting a $7 billion AI chip startup in your online shopping cart only to get cold feet and quietly close the browser tab is the most relatable thing a major tech company has ever done.

What actually happened

SAN FRANCISCO, Aug 27 (Reuters) - Anthropic ⁠discussed buying artificial intelligence chip startup MatX for roughly $7 billion, seeking to accelerate efforts to develop custom hardware for its fast-growing AI business, two people briefed on the matter ⁠told Reuters.

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