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Anthropic Abandons $7 Billion MatX Acquisition, Shifts Focus to Exploring Custom Chip Partnerships

Source: www.reuters.com Event types: Financing/Fundraising
According to Reuters, Anthropic had planned to acquire AI chip startup MatX for $7 billion, but ultimately abandoned the deal. MatX is currently seeking approximately $4 billion in new funding. Anthropic is now in talks with several chip startups, planning to accelerate hardware development for its AI model Claude through self-developed custom chips to reduce reliance on Nvidia chips.

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