Sources: Anthropic discussed buying AI chip startup MatX for ~$7B, but talks are no longer active; MatX is now seeking to raise new capital at a ~$4B valuation (Reuters)
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- Anthropic discussed buying AI chip startup MatX for roughly $7 billion in a move aimed at accelerating its chip efforts, but those talks are no longer active
- MatX has shifted to raising new capital at a ~$4B valuation, a markdown from the ~$7B figure Anthropic had reportedly floated for an acquisition
Why it matters: MatX raising at ~$4B — roughly 43% below Anthropic's reported ~$7B acquisition price — indicates the chip startup is moving forward with dilution rather than waiting for a deal that may not return, while separate reporting on Anthropic's IPO secondary-sale plans shows the company juggling multiple capital-strategy tracks at once.
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