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AMD Committed Up to $5 Billion to Anthropic, and Anthropic's IPO Prospectus Is Reportedly Days Away

The chipmaker's up-to-$5 billion pledge comes with conditions attached -- and the company on the receiving end is about to get a public price.

AMD has committed up to $5 billion to Anthropic, the artificial intelligence company behind the Claude models, as part of a partnership announced in late July. The agreement includes Anthropic deploying up to 2 gigawatts of AMD Instinct MI450 series GPUs, with the first gigawatt set to begin deployment in the first half of 2027.

Anthropic is reportedly close to filing its IPO prospectus, with the document expected to be released within days after the Labor Day holiday. The prospectus is expected to be followed by a listing on the stock market, potentially as early as late September or early October.

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