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Sam Altman's AI giant eyes 10% stake in the chipmaker as it expands global compute buildout. Advanced Micro Devices (AMD) shares surged more than 30% on Monday after OpenAI confirmed a sweeping deal that could see Sam Altman's artificial intelligence company acquire up to a 10% stake in the chipmaker.

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Anthropic announced on Monday the release of its new generative AI model, Claude Sonnet 4.5, which the company claims is the world’s best for computer programming. Anthropic was founded in early 2021 by former OpenAI employees who felt their previous employer, led by CEO Sam Altman, was not doing enough to manage the potential harms of its models.

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CoreWeave shares jumped sharply on Tuesday after the fast-growing AI infrastructure firm announced a multibillion-dollar deal with Meta Platforms. The agreement, valued at up to $14.2 billion, will give the social media giant access to advanced Nvidia-powered systems and significantly expand CoreWeave's customer base.

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The White House has clarified one of the biggest outstanding questions regarding TikTok’s future in the United States: who will control its powerful algorithm. According to senior officials, Oracle will oversee TikTok’s U.S. algorithm once the app’s operations are transferred to a new American-led ownership group.

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Spotify announced that founder Daniel Ek will step down from the chief executive role after two decades, with his two deputies slated to assume the position at the end of the year. Ek, 42, will continue as executive chairman, responsible for long-term strategy — a formal recognition of the management division introduced in 2023 when he delegated much of daily operations.

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On Monday, Nvidia announced plans to invest up to $100 billion in OpenAI to develop infrastructure for next-generation artificial intelligence. This strategic partnership brings together OpenAI, a leader in generative AI, and Nvidia, the foremost manufacturer of chips that power AI technologies. The collaboration will allow OpenAI, based in San Francisco, to build and operate AI data centers equipped with Nvidia systems, comprising millions of advanced graphics processing units (GPUs), according to both companies.

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Nvidia, the dominant player in the artificial intelligence chip market, has announced a $5 billion (£4 billion) investment in Intel, providing a critical financial boost and forging a strategic partnership with its struggling competitor. The deal, unveiled on Thursday, and following recent US government funding, focuses on collaborating to develop advanced chips for personal computers and data centers. The move comes as demand for AI technology continues to grow rapidly, requiring increasingly powerful data processing capabilities.

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