Microsoft And Nvidia Back Anthropic With Massive AI Investment

Benzinga

Microsoft and Nvidia will invest up to $15B in Anthropic, which agreed to buy $30B in Azure compute powered by Nvidia systems. The alliance expands Microsoft’s AI lineup and reflects intensifying collaboration among major AI players as they race to fund massive data-center and chip buildouts amid rising bubble concerns.

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00:00It's Benzinga, bringing Wall Street to Main Street.

00:02Microsoft and NVIDIA will invest up to $15 billion in Anthropic,

00:07which has committed to buying $30 billion in Azure computing capacity running on NVIDIA systems,

00:12according to the Wall Street Journal.

00:14Anthropic models will now be available on Azure,

00:17expanding Microsoft's range of AI options as it builds its own technology alongside its stake in OpenAI.

00:23The partnership underscores how major AI companies are collaborating to stay competitive even

00:28as they maintain rival investments and disagree over issues like chip exports and AI-related job losses.

00:35The companies said the alliance is necessary to keep pace with rivals investing heavily in data centers and next-generation chips.

00:42Concerns are growing about circular financing, AI bubble risks,

00:45and whether AI products can generate enough revenue to support the infrastructure build-out.

00:50For all things money, visit Benzinga.com.

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