AMD shares rose 11% on Wednesday, putting its gain this week at 43%. The chipmaker is continuing its massive climb since ...
OpenAI and AMD reached a deal on Monday, with OpenAI committing to purchase 6 gigawatts worth of chips over multiple years.
AMD's unusual deal to finance OpenAI's chip purchases could grant the AI model maker up to $100 billion, analyst estimates.
AMD also issued OpenAI with a warrant allowing the AI company to buy up to 160 million shares of AMDās common stock. That ...
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 stock is surging after the company announced a deal to provide chips to OpenAI, with the option for the ChatGPT maker to ...
Advanced Micro Devices (AMD) deal with OpenAI (OPENAI) to provide up to 6GW of artificial intelligence infrastructure has the ...
Weeks after a $100 billion agreement to use computer chips from Nvidia, OpenAI has signed a similar deal with a rival ...
Stock indexes mostly gained Monday, with the Nasdaq and S&P 500 registering fresh closing highs, as investors continued to ...
The partnership could also see OpenAI take a roughly 10% stake in AMD, which employs about 3,700 people in Austin.
OpenAI is largely credited with kick-starting the AI revolution, thanks to its development of ChatGPT, the generative AI ...
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