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

Image for article Anthropic planned a $7bn takeover of chip startup MatX, then walked away
News Source : The Next Web

News Summary

  • Anthropic was in talks to buy AI chip startup MatX for $7bn.
  • Talks have since evolved into a conversation about a partnership rather than an acquisition.
  • MatX was founded in 2023 by Reiner Pope, who led AI software work for Google’s tensor processing units, and Mike Gunter, a lead designer on the TPU hardware.
  • Anthropic declined to comment to Reuters on the talks, and MatX did not respond to Reuters’ request for comment.
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.

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