Advanced Micro Devices is launching new artificial intelligence hardware on Thursday. This new hardware aims to compete directly with Nvidia's offerings. AMD is targeting the growing data center inference computing market. The company also announced significant deals with AI labs Anthropic and OpenAI. These agreements position AMD for substantial future revenue in the chip sector.

AMD is taking aim at Nvidia with Helios, its first AI rack system, and has landed Microsoft as a new customer, joining Meta, OpenAI and Oracle.

AMD's Advancing AI 2026 summit showcases MI350 GPUs with 288 GB memory to challenge Nvidia's dominance, with implications for crypto compute

Targets both frontier AI and supercomputing