AMD’s shares surge on deal to supply AI chips to OpenAI
PositiveWorld Affairs
AMD's shares have seen a significant surge following a new deal to supply AI chips to OpenAI, the company behind ChatGPT. This partnership not only boosts AMD's market position but also allows OpenAI the option to purchase up to 10 percent of AMD, indicating a strong mutual interest in advancing AI technology. This development is crucial as it highlights the growing demand for AI capabilities and the strategic alliances forming in the tech industry.
— Curated by the World Pulse Now AI Editorial System