Anthropic walks away from talks to acquire MatX for $7 billion
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View chart & analysis → - 1Anthropic discussed acquiring AI chip startup MatX for about $7 billion but has called off the talks
- 2MatX was founded by a former Google TPU engineer and is raising new funding at a valuation of about $4 billion
- 3The acquisition talks shifted to a review of a partnership, with sources saying the goal is to accelerate in-house chip development
This 3-line summary is compiled from the report below.
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