OpenAI and the chipmaker AMD announced on Monday that they had signed a multibillion-dollar chip deal that would also give the ChatGPT creator the option to buy a large stake in the chipmaker. The deal offers OpenAI an opportunity to buy 10% in AMD and marks a major vote of confidence in the company's AI chips and software. Shares of AMD surged more than 30% and added about $80bn to its market capitalization after the announcement. "We view this deal as certainly transformative, not just for AMD, but for the dynamics of the industry," said Forrest Norrod, AMD's executive vice-president. The latest deal, among a string of investment commitments, is a testament to OpenAI and the broader AI industry's voracious appetite for computing power as companies race toward developing AI technology that meets or exceeds human intelligence.

OpenAI CEO Sam Altman speaks in Washington in July. OpenAI signed a multiyear partnership Monday with chipmaker Advanced Micro Devices as the ChatGPT-maker continues an investment spree to secure massive amounts of computing power for rolling out generative artificial intelligence. The companies announced the plan to develop AI data centers that the chipmaker said would bring in tens of billions of dollars in new revenue over the next five years. AMD's share price surged 35% when markets opened on news of the agreement that would see the company deliver six gigawatts worth of chips to the ChatGPT-maker. In a time of both misinformation and too much information, quality journalism is more crucial than ever.

Fans have reacted angrily after Microsoft announced price increases to its Xbox Game Pass subscription service. The company announced that the most popular tier of its Netflix-style video games system - available to PC and Xbox players - would rise by more than 50% from £14.99 to £22.99 per month. Reacting on social media, loads of fans said they had cancelled their Game Pass subscriptions, with some reporting the service's cancellation page had crashed due to demand. BBC Newsbeat has asked Microsoft if the outage was linked to a surge in visits. In a blog post detailing the changes to Game Pass, Microsoft said it would offer three tiers - Essential (£10 per month), Premium (£14.99) and Ultimate (£22.99).

Amazon's next-gen Alexa+ chatbot is now available in four new Echo devices and a bevy of Ring cameras. The company also debuted three new Kindle Scribe tablets, one with a color screen. All products featured on WIRED are independently selected by our editors. However, we may receive compensation from retailers and/or from purchases of products through these links. It got a large language model power-up earlier this year in the form of Alexa+ (a paid upgrade for non-Amazon Prime subscribers), and now, Amazon has fresh hardware to take advantage of the assistant's new capabilities.

What does recognising a Palestinian state mean? Why have Spain, Italy sent ships to assist the Gaza flotilla? Who are the artists speaking out against the war? Why has Microsoft cut Israel off from some of its services? Microsoft has announced that it has withdrawn some of its services from the Israeli army, following an investigation that raised concerns that Israel may be violating the company's terms of service by using its artificial intelligence (AI) and cloud services to spy on millions of Palestinians throughout Gaza and the West Bank.

KKR Co-CEO Joe Bae says that if Japan doesn't invest in areas such as automation, robotics and artificial intelligence, the aging population and decline will become a bigger and bigger challenge for its success as a nation." KKR says Japan's aging population presents opportunities to invest in areas that tap artificial intelligence (AI) and other technologies to make the most of a shrinking workforce. We're looking for ways to invest in businesses and industries that fundamentally improve the productivity of Japanese workers," KKR Co-CEO Joe Bae said in an interview in Tokyo. If Japan doesn't invest in areas such as automation, robotics and AI, the aging population and decline will become a bigger and bigger challenge for its success as a nation." Bae is keen on technology or software companies that can help provide skilled labor or services to boost productivity and negate Japan's demographic trends.

Toyota has opened the doors to the first phase of Woven City, its experimental town meant to act as an incubator for technologies from autonomous driving to artificial intelligence. Woven City aims to serve as a test bed for the innovative technology the world's No. 1 automaker needs to regain its competitive edge in an industry dominated by battery-powered cars with sophisticated software. Still, it was unclear during a Thursday tour for media and stakeholders how the city might fit that requirement. In a time of both misinformation and too much information, quality journalism is more crucial than ever. By subscribing, you can help us get the story right. With your current subscription plan you can comment on stories.

Flock Safety is pitching its police-style drone program to private businesses. It could bring aerial surveillance to shopping centers, warehouses, and hospitals. Flock Safety, whose drones were once reserved for police departments, is now offering them for private-sector security, the company announced today, with potential customers including including businesses intent on curbing shoplifting. Companies in the US can now place Flock's drone docking stations on their premises. If the company has a waiver from the Federal Aviation Administration to fly beyond visual line of sight (these are becoming easier to get), its security team can fly the drones within a certain radius, often a few miles. "Instead of a 911 call [that triggers the drone], it's an alarm call," says Keith Kauffman, a former police chief who now directs Flock's drone program.

The Trump administration's General Services Administration partners with Elon Musk's xAI to provide Grok AI models to federal agencies for $0.42 per organization.