Sources: Anthropic discussed buying AI chip startup MatX for ~$7B, but talks are no longer active; MatX is now seeking to raise new capital at a ~$4B valuation (Reuters)

Anthropic discussed buying AI chip startup MatX for roughly $7 billion. The talks, which aimed to accelerate Anthropic's efforts to develop custom hardware for its AI business, are no longer active.

MatX, founded by former Google tensor processing unit engineers, is now seeking to raise new capital at a valuation of about $4 billion, according to Channel News Asia.

Anthropic and MatX declined to comment on the deal talks. The goal of the potential acquisition was to help Anthropic accelerate its in-house chip development.

Brief written by urgent.news from Techmeme, Channel News Asia — 2 reports on this story. Machine-written — may contain errors; check the original before relying on it.