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Anthropic Abandons $7 Billion Acquisition of Chip Startup MatX
BusinessReutersYahoochannel-news-asia+3seeking-alphainvesting-comstar-malaysia2d ago6 sources

Anthropic Abandons $7 Billion Acquisition of Chip Startup MatX

AI developer Anthropic has scrapped its planned $7 billion takeover of semiconductor startup MatX and is instead pursuing strategic partnerships to advance its custom chip design efforts. The shift follows stalled negotiations and reflects broader industry adjustments in hardware procurement.