Micron, Anthropic sign AI infrastructure supply agreement

June 22 (Reuters) - Micron Technology ‌said on ​Monday ​it has signed an agreement with Anthropic that includes supply of memory and storage products, and a ‌strategic investment in the IPO-bound AI company's latest ⁠funding round.

AI developers are racing to secure critical components for increasingly expensive ‌data-center buildouts, while memory makers ‌look to tap into the soaring demand for high-bandwidth memory and storage used in training and running advanced AI ​models.

"Our compute strategy depends on getting every layer of the stack right, and memory and storage are central ⁠to how efficiently we can train and serve Claude," said Tom Brown, Anthropic's co-founder ​and chief compute officer.

The AI developer has in recent months signed several major agreements to secure ​more computing capacity, including deals with ‌CoreWeave, Broadcom and SpaceX.

Micron, a major supplier of high-bandwidth memory, said it would work with Anthropic ⁠to analyze how memory and storage systems perform across AI workloads and interact with the broader infrastructure stack.

The memory chipmaker said ⁠it has already deployed Claude models internally, applying them to coding and ​agentic use cases across engineering, manufacturing and enterprise functions, and expects to expand those deployments.

Financial terms of the supply agreement and Micron's Series ‌H investment in Anthropic were not disclosed.

Anthropic, the company behind the viral coding assistant Claude Code, ‌said on June 1 it had confidentially filed for a ⁠U.S. initial public offering, ‌after raising $65 billion in ​the Series H that valued it at $965 billion.

(Reporting by Juby Babu in Mexico City; Editing by Leroy ‌Leo)

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