Anthropic Planned a $7bn Takeover of Chip Startup MatX, Then Walked Away

Anthropic planned a $7bn takeover of chip startup MatX, then walked away

Anthropic got far enough into a plan to buy the AI chip startup MatX to have a number attached to it, roughly $7bn, before the deal stopped moving. Reuters reported the talks on Thursday, citing people familiar with them, and said the discussions have since evolved into a conversation about a partnership rather than an acquisition. Why […] This story continues at The Next Web

Anthropic AI chip acquisition: Anthropic planned, then abandoned $7 billion purchase of MatX

The merger talks, which a third person said have evolved into a discussion about a partnership, underscore the AI lab's ambition ​to secure the resources and talent needed to build its own chips. The goal is to help Anthropic accelerate its in-house chip development.

Anthropic explores MatX partnership after $7B acquisition talks stall - report (ANTHRO:Private)

Anthropic is in talks with AI chip startup MatX on a potential partnership to accelerate the development of its own custom chips, after abandoning a planned acquisition of the startup for about $7B

Anthropic in talks with chip start up MatX to speed up chip design, sources say

The merger talks have shifted to a partnership discussion, highlighting the AI lab’s goal to acquire resources and talent for building its own chips

Anthropic Eyes MatX Partnership After $7 Billion Chip Acquisition Talks Stall

Anthropic reportedly considered acquiring artificial intelligence chip startup MatX for roughly $7 billion before the negotiations stalled, as the Claude developer accelerates efforts to build custom semiconductors and reduce its reliance on Nvidia. The acquisition discussions are no longer active, but the companies have continued talks about a potential partnership, Reuters reported, citing people familiar with the matter. The discussions highl…