This week’s developments highlight the rapidly evolving landscape of artificial intelligence, where access to compute power, regulatory scrutiny, and labor market implications remain central themes. From major partnerships to policy analysis, here are the top stories executives should know.
1. OpenAI and AMD Lock in Multi-Gigawatt Chip Supply Deal
OpenAI has finalized a large-scale partnership with AMD to purchase up to six gigawatts of GPUs, beginning with a one-gigawatt deployment in 2026. The agreement includes warrants allowing OpenAI to acquire up to a ten-percent stake in AMD based on compute milestones. The deal underscores the growing importance of hardware diversification and long-term infrastructure planning in sustaining AI growth.
Read the full story on AP News
2. Cerebras Delays IPO Following $1.1 Billion Funding Round
Chipmaker Cerebras Systems has withdrawn its planned public listing after securing $1.1 billion in private funding, maintaining a valuation of approximately $8.1 billion. The decision reflects cautious capital market sentiment, even as investor demand for AI infrastructure remains strong.
Read the full story on Reuters
3. Senate Report Warns of Potential Large-Scale Job Displacement
A recent Senate report projects that AI and automation could displace up to 100 million jobs over the next decade. The findings, based on workforce data and industry modeling, emphasize the need for proactive workforce development and education policies. Lawmakers are calling for increased public-private collaboration to mitigate risks and support economic adaptation.
4. Yale Research Finds Little Evidence of Immediate Job Disruption
A new Yale University and Brookings Institution study finds minimal evidence so far of widespread job loss attributable to AI. While automation is expanding, researchers note that its effects remain gradual and largely aligned with existing trends in digital transformation, rather than abrupt structural change.
Read the full story on The Guardian
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