AMD will invest up to $5 billion in Anthropic, while the Claude maker plans to deploy up to 2 GW of AMD Instinct MI450-series GPUs. The massive partnership gives Anthropic more AI compute and strengthens AMD's attempt to challenge Nvidia's dominance.


AMD to invest up to $5 billion in Anthropic as Claude maker orders 2 GW of AI chips

AMD-OpenAI deal: After the announcement of the deal, AMD's shares witnessed a massive jump of 25 per cent in premarket trading.

AMD gives OpenAI option to acquire 10 per cent stake in multi-year deal

The never-before deal will likely allow them to continue with China exports, a sort of "pay-to-play' arrangement in a legal grey zone.

Strange times, stranger deals: Why Nvidia, AMD plan to give 15 per cent China revenue to Trump govt is as weird as it gets

Advanced Micro Devices, Inc. (AMD) stated on November 13, that it will lay off 4 per cent of its global staff as the established computer chipmaker focuses on gaining a stronger foothold in the rapidly growing artificial intelligence chip space dominated by Nvidia, according to a detailed report by CNBC.

AMD to cut 4% of workforce, affecting approximately 1,000 jobs

Taiwan Semiconductor Manufacturing Company (TSMC), the world’s largest contract chipmaker, is poised to announce a remarkable 40 per cent increase in its third-quarter profit, driven by surging demand for artificial intelligence (AI) chips.

TSMC's third-quarter profit predicted to soar 40% amid booming AI chip demand

Advanced Micro Devices (AMD) has made a significant stride in the artificial intelligence (AI) sector by unveiling its new Instinct MI325X chip during Computex 2024 in Taipei.

AMD launches new AI chip to challenge Nvidia's dominance in the data centre market

The US has imposed a restriction on the exports of sophisticated NVIDIA and Advanced Micro Devices (AMD) artificial intelligence (AI) chips to some countries in West Asia (Middle East), according to a Reuters report.

After China, US curbs AI chip exports from NVIDIA and AMD to West Asian countries

US chipmaker Advanced Micro Devices (AMD) has announced that it will be investing $400 million in India over the next five years. AMD’s Chief Technology Officer, Mark Papermaster, made the announcement on Friday (July 28) in the presence of Prime Minister Narendra Modi during an annual semiconductor conference in the PM’s home state Gujarat.

AMD announces investment of $400 million in India over next five years

Shares in Intel were down by 3.4 per cent following the report but nudged back up 1.2 per cent to $44.70 in after-hours trading.

Major security flaw in Intel and AMD chips revealed, virtually all phones & computers at risk

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