AMD has committed to invest up to $5 billion in Anthropic, contingent on meeting specific conditions, according to a filing submitted by Anthropic to the U.S. Securities and Exchange Commission. The announcement clarifies that the investment has not yet been funded. The conditional commitment stems from a hardware supply framework agreement signed between the two companies in July 2026. The deal centers on Helios systems equipped with AMD's MI450 series GPUs, marking a significant partnership between the AI research firm and the chipmaker.