AMD

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

The demand for AI computing power is large enough for ... Global Business and Financial News, Stock Quotes, and Market Data and Analysis.

acquired the online news site the Free Press and named founder Bari Weiss editor-in-chief of CBS News, a move likely to stir controversy inside and...

Advanced Micro Devices (AMD) will supply artificial intelligence chips to OpenAI in a multi-year deal that would bring in tens of billions of dollars in annual revenue and give the ChatGPT creator the option to buy up to roughly 10 per cent of the chipmaker. Shares of the chipmaker surged 24 per cent on Monday, adding roughly US$63 billion to the company’s market value. The deal, latest in a string of investment commitments, underscores OpenAI and the broader AI industry’s voracious appetite for...

AI giants like Nvidia, OpenAI and AMD are investing in one another, raising fears that a weak link could cripple the whole industry.

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

OpenAI will deploy up to 6 gigawatts of AMD Instinct GPUs over multiple years, beginning with a 1-gigawatt rollout in 2026.

Get a daily digest of breaking business news straight to your inbox with the Reuters Business newsletter. Sign up here. The latest deal, among a...

AMD stock skyrocketed more than 30% on Monday following the news. OpenAI will deploy 6 gigawatts of AMD's Instinct graphics processing units over...

OpenAI will deploy up to 6 gigawatts of AMD Instinct GPUs over multiple years, beginning with a 1-gigawatt rollout in 2026.

Advanced Micro Devices Inc. signed a deal with OpenAI for AI infrastructure that could generate tens of billions of dollars in new revenue over multiple years. Jay Goldberg, senior analyst at Seaport, examines the deal on “Bloomberg Surveillance.” (Source: Bloomberg)

OpenAI will deploy up to 6 gigawatts of AMD Instinct GPUs over multiple years, beginning with a 1-gigawatt rollout in 2026.

Advanced Micro Devices Inc. landed a blockbuster deal with OpenAI to build artificial intelligence infrastructure, giving the chipmaker a chance to show it can mount a challenge to Nvidia Corp. in the AI computing industry.

The U.S. government, Nvidia and Softbank have all taken recent stakes in Intel.

Intel Corp. shares climbed as much as 6.8% after Semafor reported that the company is in talks to add Advanced Micro Devices Inc. as a customer for its manufacturing business.

... Anthropic. OpenAI, for instance, was reportedly valued at $500 billion last month while Anthropic hit a $183 billion valuation early this month.

Saudi AI 'champion' Humain, owned by the kingdom's massive Public Investment Fund, has partnerships with Nvidia, AMD and Groq.

The semiconductor maker has struggled to keep up in the artificial intelligence boom with rivals such as Nvidia and AMD. Intel Corp.

The White House is pushing for a stake in embattled chipmaker Intel after making deals with Nvidia and AMD to sell chips to China for a 15% cut.

AI startup Upstage raised $45 million from investors including Amazon.com Inc. and Advanced Micro Devices Inc. to accelerate development of its next-generation model and expand in the US and the Asia-Pacific region.

But it has been a sleeper entrant in the AI model wars of late, dominated by OpenAI, Anthropic, and Meta. Its market proposition, however, has...

In just the last few days, Nvidia and AMD agreed to pay 15% of revenues from chip sales to China to the U.S. government. Apple CEO Tim Cook,...

On Monday, Trump raised the prospect of ending that era, saying he would allow Nvidia to sell its H20 chips to China in exchange for the U.S....

"The legality of it, the mechanics of it, is still being ironed out by the Department of Commerce," White House spokesperson Karoline Leavitt said Tuesday.

China has reportedly told firms to refrain from using Nvidia's H20 chips after the chipmaker received approval to resume shipments there.

Chipmakers Nvidia and AMD have agreed to pay the U.S. government 15 percent of artificial intelligence (AI) ... More Technology News. See All.

Bloomberg’s Caroline Hyde and Ed Ludlow discuss Nvidia’s and AMD’s agreement to pay 15% of their revenues from Chinese artificial intelligence chip sales to the US government. Analysts and investors react to the “unprecedented” deal. Plus, Intel CEO Lip-Bu Tan is set to meet with President Donald Trump, after the US leader called his resignation.  (Source: Bloomberg)

Analysts said the deal to give some China revenue to the U.S. government is positive for both AMD and Nvidia as they get access to a huge market.

... AI chips known as the H20 last month. The Reuters Daily Briefing newsletter provides all the news you need to start your day. Sign up here...

Ram is a financial and tech reporter and editor. He covered North American and European M&A, equity, regulatory news and debt markets at Reuters and...