AMD helped lead the market and soared 26.9% after announcing a deal where OpenAI will use its chips to power artificial-intelligence infrastructure. As part of the deal, OpenAI could own up to 160 ...

A massive spending boom on AI data centers is almost single-handedly propping up the U.S. economy, driving 92% of GDP growth in the first half of 2025. According to a stunning analysis by Harvard ...

Elon Musk questioned how OpenAI can still call itself a nonprofit after striking billion-dollar deals with Nvidia and AMD.

The Elon Musk-backed artificial intelligence start-up xAI is raising more financing than initially planned – including an equity investment from Nvidia – to bring its ongoing funding round to US$20 ...

Chipmaking giant NVIDIA is making a $2 billion equity investment in Elon Musk’s artificial intelligence firm, xAI, cementing a crucial partnership in the high-stakes AI race. The deal, reported ...