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2025’s Incredible AI Spending Frenzy—Latest: U.S. Forms $1 Billion Partnership With AMD (List)

The U.S. has formed a $1 billion partnership with AMD to construct supercomputers using AMD’s artificial intelligence chips, the chipmaker announced—the latest in a wave of deals eclipsing the billion-dollar mark surrounding AI this year, as Wall Street anticipates global spending to accelerate in the coming years.

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