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AMD Commits Up to $5 Billion to Anthropic Ahead of IPO

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AMD has committed up to $5 billion to Anthropic after the quarter ended, with funding expected through fiscal 2028 and subject to contingencies. The investment would come alongside AMD’s recent data center momentum, with data center revenue more than doubling year over year to $6.7 billion in the second quarter, driven by deployments that begin in 2027.

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