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AMD to sell Anthropic tens of billions in AI servers, invest up to $5 billion in startup (www.reuters.com)
submitted 3 months ago by to c/technology@lemmy.world
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[–] 11 points 3 months ago (2 children)

More circular financing. Definitely a sign that everything is going great.

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  • [–] 5 points 3 months ago (1 child)

    This isn’t circular financing. They will sell more than they’ll invest and that money does not disappear when the bubble pops.

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  • [–] 5 points 3 months ago

    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.

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