Though AMD remains a distant second to Nvidia in the chips that help develop and run artificial intelligence tools, it aims to start catching up.

Advanced Micro Devices CEO Lisa Su on Thursday unveiled a new artificial intelligence server for 2026 that aims to challenge Nvidia's flagship offerings as OpenAI's CEO said the ChatGPT creator would adopt AMD's latest chips.

AMD (AMD) unveiled its next-generation MI400 chips at its "Advancing AI" event Thursday. The chip isn't expected to launch until 2026, but it already has some high-profile customers, including OpenAI.

Meta is making a $14.3 billion investment in artificial intelligence company Scale and recruiting its CEO Alexandr Wang to join a team developing “superintelligence” at the tech giant.

Alexandr Wang dropped out of MIT to co-found Scale and was quickly lauded as one of Silicon Valley's most promising entrepreneurs, raising funding from blue-chip venture capital firms and achieving billionaire status in his 20s.

Meta has finalized its $14.3 billion investment in Scale AI. As part of the deal, Scale AI's founder and CEO Alexandr Wang will be joining Meta and will reportedly lead its new "Superintelligence lab.