105
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
18 comments fedilink hide all child comments
you are viewing a single comment's thread
view the rest of the comments
[–] 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.

  • permalink
  • fedilink
  • source
  • parent
  • hideshow 1 child comment
    •
  • [–] 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.

  • permalink
  • fedilink
  • source
  • parent