Advanced Micro Devices (AMD) shares soared after a landmark multi-year supply deal with OpenAI, potentially netting $100 billion in revenue. The stock's technical analysis suggests bullish momentum ahead.
In a thrilling trading day, AMD's stock surged nearly 25% after announcing a major partnership with OpenAI, while AppLovin faced a significant decline amid SEC scrutiny. Discover how these developments impacted the market and what they mean for investors!
AMD's strategic partnership with OpenAI has sent its stock soaring, with plans to deploy 6 gigawatts of GPUs over the coming years. This collaboration is poised to generate tens of billions in revenue, reshaping the AI landscape.
Oracle has appointed new co-CEOs, Magouyrk and Sicilia, focusing on cloud computing and AI. With the company at the forefront of major deals, including a partnership with OpenAI, this leadership shift signals significant growth ahead.
In a stunning move, OpenAI announces its acquisition of Jony Ive's company io for $6.5 billion. Investors like Klarna's CEO share their excitement over the lucrative deal, revealing their stakes in the AI venture.