From OpenAI to Meta, firms channel billions into AI infrastructure as demand booms

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(Adds AMD-OpenAI, Meta-CoreWeave)

Oct 6 (Reuters) – AMD has agreed to supply artificial intelligence chips to OpenAI in a multi-year deal that would also give the ChatGPT creator the option to buy up to roughly 10% of the chipmaker, the latest in a dozen such investments and partnerships.

Larger chip rival Nvidia has also announced a plan to invest up to $100 billion in OpenAI, as appetite for systems powering AI surge on expectations that enterprises will integrate the technology into their products and services.

Here is a list of multi-billion…



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From OpenAI to Meta, firms channel billions into AI infrastructure as demand booms


(Adds AMD-OpenAI, Meta-CoreWeave)

Oct 6 (Reuters) – AMD has agreed to supply artificial intelligence chips to OpenAI in a multi-year deal that would also give the ChatGPT creator the option to buy up to roughly 10% of the chipmaker, the latest in a dozen such investments and partnerships.

Larger chip rival Nvidia has also announced a plan to invest up to $100 billion in OpenAI, as appetite for systems powering AI surge on expectations that enterprises will integrate the technology into their products and services.

Here is a list of multi-billion…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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