AMD is set to acquire Finland’s Silo AI for $665 million, underscoring its commitment to artificial intelligence (AI) innovation. Simultaneously, CyrusOne has secured $9.7 billion in new financing to expand AI infrastructure, while semiconductor manufacturing firm TSMC surpasses revenue expectations fueled by strong AI chip...
Software companies have taken over large swathes of the economy during the past few decades. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...
OpenAI is reportedly exploring the development of its own artificial intelligence (AI) chips or the acquisition of a chip company to tackle the scarcity of expensive AI chips it heavily relies on. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
When it comes to earnings time, there is no company that’s not hoping for a positive outcome. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our...
October 06, 2023
OpenAI is reportedly exploring the development of its own artificial intelligence (AI) chips or the acquisition of a chip company to tackle the scarcity of expensive AI chips it heavily relies on. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins […]
July 27, 2017
Advanced Micro Devices (AMD) wowed Wall Street Wednesday (July 26) after posting news of a strong showing in its second quarter. What’s notable about its results is that the upside...
August 26, 2016
Wells Fargo, Advanced Micro Devices (AMD) and Fifth Third Bank have reportedly struck settlement agreements with former employees that may have run afoul of U.S. whistleblower protection laws. Get the Full Story Complete...
