AMD shares skyrocket 43% after offering OpenAI a 10% company stake in a multibillion-dollar chip deal that directly challenges Nvidia's AI market dominance, prompting Nvidia CEO Jensen Huang to call the move 'clever' while his company separately commits $100 billion to OpenAI.
Qualcomm acquires Italian hardware company Arduino for undisclosed terms, gaining direct access to robotics developers and hobbyists while launching the new Uno Q board featuring Qualcomm's AI-capable Dragonwing QRB2210 processor for $45-55.
Anthropic CEO Dario Amodei opens a Bengaluru office as India becomes the AI company's second-largest market, with Claude app downloads jumping 48% and consumer spending skyrocketing 572% in September, while exploring partnerships with Reliance Industries and meeting Prime Minister Modi.
AstraZeneca strikes a massive $555 million partnership with Algen Biotechnologies, combining cutting-edge AI platform 'AlgenBrain' with CRISPR gene technology to revolutionize drug discovery for chronic inflammatory diseases and unlock next-generation immunology therapies.
OpenAI secures massive multi-year deal with AMD for 6 gigawatts of Instinct GPUs starting in 2026, receiving warrants for up to 160 million AMD shares that could grant a 10% ownership stake, sending AMD stock soaring 24% as the partnership positions the chipmaker as a key alternative to reduce OpenAI's …
Deloitte deploys Anthropic's Claude AI to 470,000 employees across 150+ countries in the largest enterprise AI rollout ever, creating specialized AI personas for different roles like accountants and developers as the company competes with OpenAI and Google for corporate dominance.
ServiceNow launches Studio Platform for no-code AI agent development, releases thousands of pre-built AI agents for security and network operations, and announces $2.85 billion acquisition of AI startup Moveworks to accelerate its artificial intelligence strategy.
OpenAI acquires AI finance app Roi in an acqui-hire deal, bringing CEO Sujith Vishwajith aboard while shutting down the personalized investment platform on October 15 as part of its strategy to expand consumer AI applications beyond API services.
Major tech giants Meta and Oracle secretly accumulate $47 billion in hidden AI debt through off-balance-sheet financing schemes reminiscent of subprime mortgage crisis tactics, prompting analysts to warn of dangerous bubble behavior as companies gamble on unproven AI returns.
Anthropic appoints former Stripe CTO Rahul Patil as new chief technical officer while co-founder Sam McCandlish moves to chief architect role, as the AI company restructures leadership to address infrastructure strain from Claude's surging popularity and intensifying competition from OpenAI and Meta's massive investments.