AMD is announcing a deal to supply its chips to OpenAI for building AI infrastructure. The agreement includes providing high-performance graphics chips for a total of 6 gigawatts of computing power for OpenAI’s next-generation AI systems.
Fifth Third Bancorp is buying Comerica in an all=stock deal valued at $10.9 billion. The companies said Monday that the transaction will create the 9th largest U.S. bank with approximately $288 billion in assets.