Anthropic Bet Tens of Billions on AMD.
One Month Later, It Signed a $45 Billion Nvidia-Powered Lease Anthropic apparently chose a winner in the AI-chip war between NVDA and AMD, and it’s both of them
Reuters reported on August 26, citing a person familiar with the matter after Bloomberg broke the news, that Anthropic will spend $45 billion over six years to rent Nvidia Vera Rubin computing capacity from Nscale’s planned West Virginia campus. The 460-megawatt project is expected to start operating in late 2027. Anthropic declined to comment.
That would be a spectacular win for NVIDIA Corporation (NASDAQ:NVDA), except Anthropic agreed only a month earlier to buy tens of billions of dollars of servers powered by Advanced Micro Devices, Inc. (NASDAQ:AMD). This Is a Multivendor Arms Race The AMD agreement covers up to two gigawatts of Instinct MI450 capacity beginning in the first half of 2027. AMD also agreed to invest as much as $5 billion in Anthropic as milestones are achieved.