Do you think this also has an impact on the deal with IREN and Microsoft?

Source: The Shareholder

$IREN (-3,27 %)
$MSFT (-0,92 %)
$NVDA (-3,03 %) One day before Nvidia publishes its quarterly figures, the world's most valuable company has announced a new mega-deal with Microsoft. The two big tech companies want to invest massively in the AI specialist Anthropic. Once again, the deal is worth billions.

Specifically, Nvidia is to provide up to ten billion dollars and Microsoft up to five billion dollars for Anthropic. In return, Anthropic undertakes to purchase Azure computing capacity worth 30 billion dollars and to book up to one gigawatt of additional cloud capacity.

In addition, Microsoft assures that Anthropic's AI model Claude will remain fully integrated into its own Copilot products - including GitHub Copilot, Microsoft 365 Copilot and Copilot Studio.

"We are increasingly becoming each other's customers - we use Anthropic's models, they use our infrastructure, and we go to market together," Microsott CEO Satya Nadella commented on the agreement between the three companies.

The deal on Tuesday did not have a positive impact on the shares of Microsoft and Nvidia. Both shares are trading well below their previous day's closing prices in a weak market environment. Anthropic, on the other hand, is now valued at around 350 billion dollars according to media reports. By comparison, Anthropic was valued at 61.5 billion dollars at the beginning of March, and by the end of July the company had almost tripled its value at that time - to 170 billion dollars.