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 ...

Advanced Micro Devices Inc.'s stock saw its highest close since March 2024 on Monday after the news that OpenAI plans to deploy AMD's chips to support the massive amount of computing power it needs ...