Latest AI News

Crusoe is purchasing $400 million worth of AMD's MI355X AI chips (approximately 13,000 units) for a new data center, marking AMD's push against Nvidia's AI hardware dominance. As a "neocloud" provider, Crusoe builds specialized computing platforms for AI workloads, joining others like CoreWeave and Lambda Labs who rent high-performance infrastructure to AI developers. The AMD chips, with their substantial high-bandwidth memory, will be deployed in an advanced facility with liquid cooling. Crusoe's CEO Chase Lochmiller views this partnership as validation of their strategy to provide dedicated infrastructure for major AI users. This deal may encourage other data centers to consider AMD as an alternative to Nvidia, intensifying competition in the AI hardware market.

AMD unveiled its next-generation AI accelerators at the Advancing AI 2025 event, including the MI350X and MI355X chips with up to 288GB memory and 4.2x better performance than previous models. The company introduced rack-scale AI infrastructure and expanded partnerships with OpenAI, Microsoft, Meta, and others. AMD emphasized its open ecosystem approach through the ROCm software platform, which supports popular AI models and receives updates every two weeks. CEO Lisa Su positioned AMD as driving the next phase of AI through open standards and collaboration, with new products becoming available through major partners in Q3 2025.

Temasek has joined Microsoft, BlackRock, and MGX in the AI Infrastructure Partnership, an ambitious $100 billion initiative announced in June 2025. The consortium, which also includes Nvidia and Elon Musk's xAI, initially committed $30 billion to build advanced data centers and energy facilities across the US, with plans to leverage debt financing to reach their target. This strategic collaboration aims to strengthen America's AI capabilities and establish the infrastructure necessary for next-generation AI technologies like ChatGPT, potentially reshaping global technology markets and accelerating innovation across industries.

Mattel has partnered with OpenAI to create AI-powered toys using ChatGPT technology. The first product will launch later this year, integrating artificial intelligence into iconic brands like Barbie and Hot Wheels. Beyond consumer products, Mattel will use ChatGPT Enterprise internally to enhance productivity and creativity. Safety remains paramount, with a commitment to age-appropriate AI experiences that maintain parent trust. Mattel retains creative control of its intellectual property while leveraging OpenAI's technology to revolutionize play experiences for children and families worldwide.