OpenAI and AMD reached a deal on Monday, with OpenAI committing to purchase 6 gigawatts worth of chips over multiple years.

Stock indexes mostly gained Monday, with the Nasdaq and S&P 500 registering fresh closing highs, as investors continued to ...

The deal opens the door for OpenAI to own a 10% stake in AMD. However, CEO Sam Altman says his company is still committed to ...

Weeks after a $100 billion agreement to use computer chips from Nvidia, OpenAI has signed a similar deal with a rival ...

The deal is a huge shot in the arm for AMD, which has been playing second fiddle to Nvidia in the GPU game for the last ...

The five-year deal will commit OpenAI to purchasing six gigawatts worth of AMD’s GPUs for its AI data centers.

AMD will supply artificial intelligence chips to OpenAI in a multi-year deal that would bring in tens of billions of dollars ...

AMD also issued OpenAI with a warrant allowing the AI company to buy up to 160 million shares of AMD’s common stock. That ...

Advanced Micro Devices is a significant underdog to Nvidia in the market for AI chips. But it’s no longer priced like one.

In September, Nvidia announced an investment of up to $100 billion in OpenAI that included a plan to supply at least 10 ...

The S&P 500 and the Nasdaq closed at record highs Monday after ChatGPT-maker OpenAI and Advanced Micro Devices reached a mega ...

AMD will supply up to 6 gigawatts of AI GPUs to OpenAI, with the first deployment scheduled for late next year. OpenAI has ...