OpenAI targets 10% AMD stake via multibillion-dollar chip deal
PositiveFinancial Markets

OpenAI is making a significant move by targeting a 10% stake in AMD through a multibillion-dollar chip deal. This strategic partnership aims to position OpenAI at the forefront of building a massive AI infrastructure, which is crucial for the future of artificial intelligence development. By collaborating with AMD, OpenAI not only strengthens its technological capabilities but also enhances its role in the rapidly evolving AI landscape, making this deal a pivotal moment for both companies.
— Curated by the World Pulse Now AI Editorial System