AMD | DD News

September 29, 2026 8:19 PM

Anthropic eyes USD 518 billion AI buildout; backed by about 80% non-cancellable deals

Anthropic expects to spend at least USD 518 billion over the next decade to secure AI computing infrastructure from six partners, with about 80 per cent of the commitments either non-cancellable or payable regardless of usage, according to a Reuters report. The AI startup said it plans to spend at least USD 111.1 billion with Google, USD 110 billion with Amazon and USD 31.4 billion with Microsoft under long-term infrastructure service obligations over the next seven to 10 years “regardless of...

March 31, 2026 4:30 PM

Four semiconductor plants to be ready in India this year, says Ashwini Vaishnaw

Union Electronics and Information Technology Minister Ashwini Vaishnaw on Tuesday said four semiconductor plants are expected to be ready in India by 2026, as he outlined an accelerated roadmap for the sector following the inauguration of a new facility in Gujarat. In comments after Prime Minister Narendra Modi inaugurated the Kaynes Semicon's OSAT plant in Sanand, Vaishnaw said: "In 2026, four plants will be ready, and two plants in 2027. India’s first fabrication unit will be ready in Dhole...

October 6, 2025 10:50 PM

AMD signs AI chip-supply deal with OpenAI, shares surge over 34%

AMD will supply artificial intelligence chips to OpenAI in a multi-year deal that would bring in tens of billions of dollars in annual revenue and give the ChatGPT creator the option to buy up to roughly 10% of the chipmaker. Shares of the chipmaker surged more than 34% on Monday, putting them on track for their biggest one-day gain in over nine years and adding roughly $80 billion to the company's market value. The deal, latest in a string of investment commitments, underscores OpenAI and the...