OpenAI looks to take 10% stake in AMD through AI chip deal

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OpenAI and Advanced Micro Devices have reached a deal that could see Sam Altman ‘s company take a 10% stake in the chipmaker.AMD stock skyrocketed 23.71% on Monday following the news.OpenAI will deploy 6 gigawatts of AMD’s Instinct graphics processing units over multiple years and across multiple generations of hardware, […]

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