OpenAI could buy up as much as 10 percent of AMD's stock if AMD delivers enough Instinct GPUs to power OpenAI's AI ambitions.
OpenAI could buy up as much as 10 percent of AMD's stock if AMD delivers enough Instinct GPUs to power OpenAI's AI ambitions.
AMD has signed a multi-year chip supply deal with OpenAI that could generate tens of billions in revenue for the chipmaker, ...
Shares of Advanced Micro Devices ( AMD 29.09%) catapulted higher today after the chipmaker signed a blockbuster deal with ...
AMD stock jumps 35% following announcement of major deal to supply 6 gigawatts of computing power through graphics processing units for OpenAI.
AMD has issued OpenAI a warrant for up to 160 million shares, which will vest upon achievement of milestones.
The deal opens the door for OpenAI to own a 10% stake in AMD. However, CEO Sam Altman says his company is still committed to ...
The deal marks a major endorsement of AMD's AI hardware and software capabilities as the company competes with Nvidia for dominance in the AI chip market. AMD executives project the agreement will ...
OpenAI’s multi-billion-dollar chip agreement with AMD fuels sector-wide gains across artificial intelligence and high-performance computing stocks.
AMD CEO Lisa Su said the company’s new six-megawatt GPU deal with OpenAI will generate “tens of billions over dollars over ...
Advanced Micro Devices (NASDAQ:AMD) stock just went vertical – skyrocketing more than 30% – after the company unveiled a blockbuster, ...