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

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

San Francisco (Reuters) - Anthropic, the artificial intelligence lab, is in discussions to acquire AI chip startup MatX in a deal valued at around $7 billion, according to sources familiar with the matter. The potential merger aims to speed up the development of custom hardware for Anthropic's rapidly growing AI business, reported Reuters for the first time.

MatX, founded by former Google tensor processing unit (TPU) engineers, is now seeking new capital at a valuation of approximately $4 billion. Anthropic declined to comment on the talks, but the AI lab is expanding an in-house silicon team to design chips for its Claude models, aiming to reduce reliance on Nvidia chips and improve efficiency.

Written by urgent.news from CNA - Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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