According to the latest report by The Wall Street Journal, semiconductor giant AMD is expected to invest up to $5 billion in the prominent AI startup Anthropic. As the core of this strategic investment agreement, Anthropic will procure up to 2 gigawatts (GW) of AMD’s next-generation AI chips to power the training and operation of its foundational models.
(Prior context: Anthropic settles copyright lawsuit for a record $1.5 billion—but authors and publishers don’t feel like they won)
(Background supplement: Anthropic decides! Starting 7/20, Fable 5 remains on the Max plan; Pro users will switch to a 100 Mg quota)
Amid the ongoing global surge in AI computing demand, the ties between chip manufacturers and leading AI startups are growing increasingly close. At 2:00 PM Taipei Time on July 22, 2026, The Wall Street Journal reported exclusively on Tuesdaythat Advanced Micro Devices (AMD) is preparing to inject a substantial amount of funding into Anthropic, the AI giant behind the Claude model.
$5 billion strategic investment, with chip procurement as a core condition
Reports indicate that AMD plans to make a strategic investment of up to $5 billion in Anthropic. This transaction is not merely a capital infusion, but a deep commercial partnership. In exchange for this substantial funding, Anthropic has committed to purchasing up to 2 gigawatts of AMD’s next-generation AI chips.
These massive chip computing powers will be dedicated exclusively to training and running Anthropic’s increasingly sophisticated frontier AI models. Although the news has not yet disclosed further details—such as whether funding will be rolled out in phases, the specific procurement timeline, the designated AMD chip models, or the final total value of the transaction—this two-way agreement combining “capital investment” with “hardware procurement” has undoubtedly sent shockwaves through the market.
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This potential partnership highlights AMD's vigorous efforts to expand its influence in the AI infrastructure sector. Over the past few years, Anthropic has received billion-dollar investments from Amazon and Google, with these collaborations often accompanied by reciprocal agreements on cloud computing power and customized chips.
Today, AMD has entered the scene with up to $5 billion in funding, providing Anthropic with substantial R&D resources while securing a highly influential client for AMD’s own next-generation AI chips. Whether this strategic move can effectively challenge NVIDIA’s current dominance in AI computing power will be a key focus for the tech industry and financial markets alike.
