Advanced Micro Devices (AMD) shares surged 7% on Wednesday after the chipmaker unveiled an ambitious plan to achieve $100 billion in annual data-center revenue. CEO Lisa Su outlined the company’s strategy to expand its presence in the rapidly growing artificial intelligence (AI) market, currently dominated by Nvidia. During AMD’s first analyst day in three years, […]
AMD
Anthropic expands partnership with Google for $10B AI chip deal
Anthropic has deepened its collaboration with Google in a massive new deal that will give the AI startup access to up to one million of Google’s advanced tensor processing units (TPUs) — artificial intelligence chips valued at tens of billions of dollars. The agreement, announced Thursday, provides Anthropic with over one gigawatt of computing capacity, […]