Mentioned:
NVDA -6.20% MSFT -2.66%

Nvidia and Microsoft are making a new bet on the future of artificial intelligence. And they’re prepared to put up billions of dollars to do it.

What’s happening:

  • Nvidia (NASDAQ: NVDA) and Microsoft (NASDAQ: MSFT) have committed billions in new funding to artificial intelligence company Anthropic

By the numbers:‍

  • Microsoft will invest up to $5B USD into Anthropic and Nvidia will invest up to $10B USD
  • Anthropic has also committed to purchasing $30B USD of Azure cloud computing capacity from Microsoft as part of the new strategic investment

Why it matters:‍

  • This is one of the largest investments Microsoft and Nvidia have ever made into a private artificial intelligence company outside of OpenAI

Going deeper:‍

  • Nvidia and Anthropic will also closely collaborate on co-designing future model architectures for leading edge performance on Nvidia’s GPUs in addition to guaranteeing that Anthropic will have access to their newest chips and hardware releases

The intrigue:‍

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