1. Anthropic explored $7 billion MatX acquisition as talks shift towards partnership

Anthropic explored $7 billion MatX acquisition as talks shift towards partnership

Technology

  • Anthropic discussed buying AI chip startup MatX for around $7 billion, though talks have shifted to a partnership, reports say.
  • MatX, founded by former Google TPU engineers, is now looking to raise funds at a valuation of about $4 billion.
  • Anthropic is building an in-house chip team to cut its dependence on Nvidia as its Claude models grow.
  • The company has signed a $45 billion cloud deal with Nscale and pays SpaceX $1.25 billion a month for computing.

Source: newsbytesapp.com

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