Anthropic abandoned a proposed $7 billion MatX acquisition while pursuing custom silicon

Summary

Anthropic explored acquiring MatX for roughly $7 billion to accelerate its internal chip-design effort, according to people briefed on the matter. MatX is now seeking funding at an approximately$4 billion valuation, while Anthropic continues to examine multiple chip approaches.

Why it matters

The talks show frontier AI companies are increasingly treating proprietary silicon as a strategic requirement for controlling cost, supply and model performance.

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Sources

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