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Anthropic planned, then abandoned $7 billion purchase of MatX, sources say

Source: reuters.com

Artificial IntelligenceM&A & RestructuringTechnology & InnovationCompany Fundamentals
Anthropic planned, then abandoned $7 billion purchase of MatX, sources say

Anthropic is reported to be considering the acquisition of AI chip startup MatX for roughly $7B to accelerate development of custom AI hardware. The move targets scaling its fast-growing AI business and improving supply of purpose-built chips. If confirmed, the deal is likely to be a meaningful positive signal for Anthropic’s infrastructure strategy and could move expectations for the AI chip and custom hardware ecosystem.

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