posted in Technology
AMD to sell Anthropic tens of billions in AI servers, invest up to $5 billion in startup
www.reuters.com/business/amd-invest-up-5-billion-anthropic-wsj-reports-2026-07-22/
Replying to @sanitation@lemmy.today
More circular financing. Definitely a sign that everything is going great.
Replying to @Voroxpete@sh.itjust.works
This isn’t circular financing. They will sell more than they’ll invest and that money does not disappear when the bubble pops.
Replying to @EncryptKeeper@lemmy.world
It’s not circular, but it is unclear under which conditions and when Anthropic will pay for the servers, as they don’t have enough money right now. The article says that they intend to lease some of the servers, but also that AMD will provide a “financial backstop”. It seems to me AMD is taking all the risk to get a foothold in the industry.