Anthropic (ANTH.PVT) and CoreWeave (CRWV) announced they’re entering into a multiyear agreement under which the AI cloud company will provide Anthropic with computing capabilities to build and power its AI models.
CoreWeave said Anthropic will use its cloud services to run workloads at “production scale,” and that it will initially focus on a phased rollout with the option to expand the agreement in the future. The companies didn’t provide the terms of the deal, including pricing or how many gigawatts of chips it will cover.
The announcement comes after Reuters reported that Anthropic is also considering designing its own semiconductors to contend with the AI chip crunch.
Earlier this week, Anthropic also said it’s working with Broadcom (AVGO) and Google to use 3.5 gigawatts of Google’s Broadcom-made Tensor Processing Units.
AI companies across the board are working to secure as many semiconductors as possible as they build out their AI services.
Anthropic rival OpenAI (OPAI.PVT) is also developing its own chips. In October, the company entered into a partnership with Broadcom to develop upwards of 10 gigawatts of custom semiconductors for its various AI services.
That’s in addition to deals it has with both Nvidia (NVDA) and AMD (AMD).
And last month, Meta (META) revealed four new custom AI processors, including its MTIA 400, which the company said delivers raw performance rivaling some of the top chips on the market.
The social media giant, like Anthropic, also entered into a deal with CoreWeave that will see CoreWeave power Meta’s AI services through December 2032.
CoreWeave said the capacity will be spread out among a number of its data center locations and include some of the first deployments of Nvidia’s upcoming Vera Rubin system.
In January, Microsoft (MSFT) also revealed a new custom AI chip that will serve as an alternative to Nvidia and AMD’s offerings. Amazon (AMZN) and Google (GOOG, GOOGL) have been using their own chips for years.
Unlike Microsoft, however, those companies are looking to sell or rent their chips to third-party customers.
In February, The Information reported that Meta inked a deal with Google to rent that company’s TPUs and is exploring purchasing them for its own data centers.
Amazon CEO Andy Jassy also pitched the idea of selling the company’s chips in large servers to third-party customers in his latest annual shareholder newsletter on Thursday.
Email Daniel Howley at dhowley@yahoofinance.com. Follow him on Twitter at @DanielHowley.
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