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

Nvidia received a higher price target from Goldman Sachs after its shares hit a new record high, pushing the company’s market ...

These partnerships can feed a virtuous cycle that makes innovation more efficient — or they could be an early sign of an AI ...

The chipmaker inked a multi-gigawatt GPU agreement with OpenAI, setting the stage for a potential 10-year AI supercycle ...

OpenAI and Advanced Micro Devices announced on Monday a new partnership that would see OpenAI deploy six gigawatts of AMD’s ...

The Altimeter Capital founder said the deals provide "more evidence that the world will remain compute-constrained." ...

Since revealing Stargate in January, Altman and friends have brought about 200 MW online - they'll need at least 16 GW to claim their red and green prize Comment AMD has issued OpenAI a warrant for ...

Wall Street rose to more records as excitement around artificial intelligence keeps driving the market. The S&P 500 added 0.4% to its latest record in mixed trading on Monday. The Dow Jones Industrial ...

The partnership could also see OpenAI take a roughly 10% stake in AMD, which employs about 3,700 people in Austin.

NEW YORK — Wall Street keeps setting more records, and excitement about the artificial-intelligence industry keeps leading ...