AMD stock is surging after the company announced a deal to provide chips to OpenAI, with the option for the ChatGPT maker to ...

As part of the arrangement, AMD issued a warrant that gives OpenAI the ability to buy up to 160 million shares of AMD for 1 ...

Under the agreement, OpenAI gains the option to acquire 10 percent of AMD shares, whose price surged after the announcement of the deal.

The arrangement between OpenAI and AMD adds a new layer to the increasingly circular nature of AI's corporate economy.

Demand for artificial intelligence (AI) capabilities is soaring. Companies are rapidly building more and larger data centers ...

OpenAI also held its DevDay developers event, with CEO Sam Altman touting 800 million weekly ChatGPT users. Tesla stock bounced 5.45% to 453.25, back above the 10-day. Shares hit a 2025 peak of 470.75 ...

Wall Street keeps setting more records, and excitement about the artificial-intelligence industry keeps leading the way. The S&P 500 climbed 0.4% to set an all-time high following mixed trading on ...

Sam Altman’s “Everything Everywhere All at Once” strategy for OpenAI was on full display on Monday. Early in the day, the ...

It’s the life of a saleswoman. Taylor Swift’s 12th studio album, “The Life of a Showgirl,” sold 2.7 million copies in ...

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

Technology Technology   The Big Story OpenAI signs deal with AMD for AI chips OpenAI has signed a deal with chipmaker AMD to ...