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 vendor dependence.
AMD stock rockets 35% to $222.24 after signing a massive multi-year chip supply deal with OpenAI worth tens of billions, giving the AI company access to 6 gigawatts of compute capacity and an option to purchase up to 160 million AMD shares.
OpenAI and former Apple designer Jony Ive's ambitious palm-sized, screenless AI device hits major roadblocks as engineers struggle with 'always on' functionality, privacy concerns, and computing infrastructure issues, potentially derailing the planned 2026 launch.
Former Apple design chief Jony Ive and OpenAI's Sam Altman delay their revolutionary palm-sized screenless AI device launch due to computing power struggles, software glitches, and privacy concerns, as the team scrambles to avoid the fate of Humane's failed AI Pin while perfecting camera-microphone-speaker communication technology.
Huawei releases open-source SINQ technology that cuts AI model memory usage by 70%, allowing enterprise models that previously required $30,000 GPUs to run on $1,600 consumer graphics cards, potentially saving thousands in computing costs while maintaining performance quality.
Nvidia achieves groundbreaking 4-bit AI training breakthrough with new NVFP4 format, delivering 6X speed boost and 50% memory reduction while matching full precision results on 12-billion-parameter language model, requiring only 1% higher validation loss and 36% less training data than competitors.
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.
Nvidia CEO Jensen Huang predicts OpenAI will become the world's first multitrillion-dollar company while announcing a massive $100 billion investment to fund data center expansion, dismissing AI bubble warnings by claiming artificial intelligence represents a fundamental computing revolution with exponential demand growth.
Amazon unveils four new Echo devices powered by Alexa+ generative AI starting at $99.99, featuring advanced AZ3 chips and enhanced contextual awareness to compete against OpenAI and Google in the escalating AI assistant battle.
European startup Euclyd claims its new CRAFTWERK AI chip delivers unprecedented 1.024 exaflops performance with 100x better energy efficiency than current alternatives, though the ambitious specifications remain unverified by independent testing.