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 ...

Just weeks after it signed a landmark 10 gigawatts (GW) of datacentre capacity agreement with Nvidia, OpenAI has penned a deal with rival chipmaker AMD. Tied to a commitment to an initial purchase of ...

Artificial intelligence (AI) chipmaker Nvidia Corp.’s (NVDA) shares are on the mend as they rose nearly a percent in Wednesday’s early premarket session, recovering from a three-session sell-off. The ...

Chipmaker NVIDIA Corp.'s CEO, Jensen Huang, shrugged off concerns regarding competition from Advanced Micro Devices Inc.

Oracle stock slips on report raising concerns about the firm's cloud margins. Oracle World and the Analyst Day next week could alleviate these concerns. ORCL shares are currently trading up some 130% ...

OpenAI has secured collaboration agreements with leading system and chip manufacturers, including Microsoft, Oracle, Nvidia, Broadcom, and AMD, as part of an extensive effort to expand its artificial ...

AMD has a multibillion-dollar AI chip deal with OpenAI to boost its presence against Nvidia and Intel, but concerns about leverage and market demand persist. The partnership highlights both growth ...

Elon Musk's xAI operates the Grok model that competes against OpenAI's ChatGPT. Artificial-intelligence companies have gotten creative as they look to finance the chip purchases seemingly required to ...