positive
AMD strikes chip supply deal with OpenAI
AMD has entered a multi-year agreement to supply high-performance AI chips to OpenAI, with the ChatGPT creator securing an option to acquire up to 10% equity in AMD. The partnership boosts AMD’s competitiveness against Nvidia in the accelerating AI hardware market. As Meta and Intel also scale AI infrastructure investments, this alliance marks a pivotal moment in the global race for AI compute dominance, signaling the next chapter in the multi-trillion-dollar AI chip wars.
Reuters• By Harsh Ranjan
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positive
AMD strikes chip supply deal with OpenAI
AMD has entered a multi-year agreement to supply high-performance AI chips to OpenAI, with the ChatGPT creator securing an option to acquire up to 10% equity in AMD. The partnership boosts AMD’s competitiveness against Nvidia in the accelerating AI hardware market. As Meta and Intel also scale AI infrastructure investments, this alliance marks a pivotal moment in the global race for AI compute dominance, signaling the next chapter in the multi-trillion-dollar AI chip wars.
Reuters• By Harsh Ranjan
Explore:Mutual Fund Screening
1 min read
74 words
AMD partners with OpenAI in a landmark chip deal, intensifying competition in the global AI hardware landscape.
AMD has entered a multi-year agreement to supply high-performance AI chips to OpenAI, with the ChatGPT creator securing an option to acquire up to 10% equity in AMD. The partnership boosts AMD’s competitiveness against Nvidia in the accelerating AI hardware market. As Meta and Intel also scale AI infrastructure investments, this alliance marks a pivotal moment in the global race for AI compute dominance, signaling the next chapter in the multi-trillion-dollar AI chip wars.
AMD has entered a multi-year agreement to supply high-performance AI chips to OpenAI, with the ChatGPT creator securing an option to acquire up to 10% equity in AMD. The partnership boosts AMD’s competitiveness against Nvidia in the accelerating AI hardware market. As Meta and Intel also scale AI infrastructure investments, this alliance marks a pivotal moment in the global race for AI compute dominance, signaling the next chapter in the multi-trillion-dollar AI chip wars.
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