OpenAI and AMD reached a deal on Monday, with OpenAI committing to purchase 6 gigawatts worth of chips over multiple years.

AMD's unusual deal to finance OpenAI's chip purchases could grant the AI model maker up to $100 billion, analyst estimates.

AMD shares rose 11% on Wednesday, putting its gain this week at 43%. The chipmaker is continuing its massive climb since ...

AMD also issued OpenAI with a warrant allowing the AI company to buy up to 160 million shares of AMD’s common stock. That ...

The S&P 500 and the Nasdaq closed at record highs Monday after ChatGPT-maker OpenAI and Advanced Micro Devices reached a mega ...

AMD stock is surging after the company announced a deal to provide chips to OpenAI, with the option for the ChatGPT maker to ...

AMD will supply artificial intelligence chips to OpenAI in a multi-year deal that would bring in tens of billions of dollars ...

Advanced Micro Devices (AMD) deal with OpenAI (OPENAI) to provide up to 6GW of artificial intelligence infrastructure has the ...

Weeks after a $100 billion agreement to use computer chips from Nvidia, OpenAI has signed a similar deal with a rival ...

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

AMD will supply up to 6 gigawatts of AI GPUs to OpenAI, with the first deployment scheduled for late next year. OpenAI has ...

OpenAI is largely credited with kick-starting the AI revolution, thanks to its development of ChatGPT, the generative AI ...