MatX

MatX is an AI chip startup that designs chips to accelerate AI workloads.

Why it’s in the news: It is in the news due to a collapsed $7 billion acquisition attempt by Anthropic.

Latest on MatX

• Anthropic planned a $7bn takeover of chip startup MatX, then walked away
• Anthropic in talks with chip start up MatX to speed up chip design, sources say
• Anthropic planned, then abandoned $7 billion purchase of MatX
• Reuters reported the talks on Thursday, citing people familiar with them
• Anthropic got far enough into a plan to buy the AI chip startup MatX to have a number attached to it, roughly $7bn, before the deal stopped moving.

Connections

2 entities linked to MatX across the news graph.