At nearly the same moment as Nvidia CEO Jensen Huang was expressing surprise over OpenAI’s multibillion-dollar deal with competitor AMD — shortly after his company agreed to invest up to $100 billion into the AI model maker — Sam Altman was saying that more such deals are in the works. Huang appeared on CNBC’s Squawk…
AMD is partnering with OpenAI to provide six gigawatts worth of processors for AI data centers, a move that challenges Nvidia’s AI chip market dominance. The five-year agreement aims to help OpenAI bolster its infrastructure to meet growing computational demands for AI applications like ChatGPT, starting with a gigawatt deployment of AMD Instinct MI450 GPUs…
Cohere on Thursday announced that it had raised an oversubscribed $500 million round, bringing its valuation to $6.8 billion. This is up from the $5.5 billion valuation it landed a little over a year ago when it raised its previous round, also $500 million. Toronto-headquartered Cohere was one of the first breakout LLM model makers,…
Nvidia’s dominance over the latest generation of graphics cards ends today. AMD might have surrendered the high end of the GPU market, but its new $549 Radeon RX 9070 and $599 RX 9070 XT look set to bring Nvidia back to reality, at least in the midrange. After a disappointing $549 RTX 5070, a $749…
At CES 2025 in Las Vegas, AMD unveiled a slew of new chips destined for devices ranging from desktops to gaming handhelds. AMD is riding high coming into this year’s CES. The company commanded a 28.7% share of the desktop CPU segment in Q3 2024, up 9.6 percentage points compared to the same quarter the…
2024 will go down in tech history as the year Microsoft was finally able to make Windows laptops into serious competitors to the MacBook. So far, that’s thanks to Qualcomm’s new Snapdragon chips, which switched to a homogeneous chip architecture, increased clock speeds, and caught up to Apple’s speedy and power-efficient processors. But now, AMD…