Anthropic and AMD secured a $9.1 billion agreement for AI data center capacity, involving financing from Morgan Stanley and Riot Platforms.
7 reports, 1 independent
Updated Aug 17
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What happened
Anthropic and AMD secured a $9.1 billion agreement for AI data center capacity, involving financing from Morgan Stanley and Riot Platforms.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.Riot Platforms is shifting from a miner to an AI infrastructure landlord as part of the compute deal.1 source
- Anthropic plans to deploy AMD Instinct MI450-series GPUs, with Riot providing significant power capacity.Sub-event
Anthropic and AMD secured a $9.1B agreement for AI data center capacity, backed by financing.1 source
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The entities involved
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Anthropic
American artificial intelligence corporation
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AMD
American multinational semiconductor company
Related events
- Google and Anthropic are slated to be main tenants of a new data center facility in Texas, backed by a financing package led by Hubbard.
- Major tech companies, including Intel, IBM, Nvidia, AMD, and Super Micro, partnered to advance AI infrastructure initiatives.
- AMD, Meta, and OpenAI are competing for data center socket demand and AI silicon, with US export controls impacting costs.
- The industry is facing rising costs due to the AI infrastructure build-out, with dominant suppliers of high-bandwidth memory being key players.
- AMD, Microsoft, Arista, OpenAI, and Sony maintain long-term agreements and compete for data center investment.