AMD Revenue Jumps 38%, Anthropic’s $200B Google Deal, & OpenAI President Greg Brockman on Elon Musk

AMD’s 38% revenue growth highlights a shift in the semiconductor market, where data center demand for CPUs is surging due to new agentic inference workloads. This expansion moves the industry from a competitive share-taking environment to one of rapid, greenfield growth. Meanwhile, deep financial interdependencies between AI labs like Anthropic and OpenAI and major hyperscalers reveal hundreds of billions in revenue backlogs, raising questions about AI’s long-term sustainability. In the enterprise sector, Tessera Labs is leveraging $60 million in new funding to automate legacy IT transformations, aiming to replace traditional human-intensive consulting models with proprietary AI. Simultaneously, the competitive landscape for AI chatbots is tightening, as subscriber data shows Claude, ChatGPT, and Gemini now holding nearly equal market share, marking a significant decline in ChatGPT’s early dominance.