AI, AMD and Absci

Absci Stock Jumps As AMD Invests $20M To Boost AI Drug Discovery
AI drug creation company Absci Corporation (NASDAQ:ABSI) shares are trading higher in premarket on Wednesday after the company entered into a strategic collaboration with Advanced Micro Devices Inc (NASDAQ:AMD) to enhance its AI drug discovery capabilities.
AMD is going head-to-head with Nvidia in AI-backed drug discovery with new deal
Chip maker AMD is investing $20 million in AI drug startup Absci, which will use AMD chips and software for drug development.
AMD Invests in Drug-Discovery Company Absci in Push to Sell AI Chips
The $20 million deal gives the chip supplier a toehold in the life-sciences market, a strategy it plans to replicate in other industries.
Absci and AMD Announce Collaboration and Strategic Investment to Accelerate the Future of AI Drug Discovery
Absci Corporation (NASDAQ: ABSI), a data-first generative AI drug creation company, today announced a strategic collaboration with AMD to deploy AMD Instinct™ accelerators and ROCm™ software to power critical AI drug discovery workloads,
AMD invests $20 million in AI drug research at Vancouver-based Absci
Chip designer AMD said Wednesday that it will invest $20 million in Absci, the Vancouver company that aims to use artificial intelligence to develop new drug therapies. Absci hopes artificial intelligence will enable it to move faster to develop protein-based medicines called biologics,
Why Advanced Micro Devices Stock Was Double-Downgraded
HSBC lowered its rating on Advanced Micro Devices stock amid several concerns including the chipmaker's ability to compete ...
Here's Everything AMD Stock Investors Need To Know About the Recent CES Announcements
In this video, I will cover recent updates about Advanced Micro Devices (NASDAQ: AMD). Watch the short video to learn more, ...
Is Advanced Micro Devices Inc. (NASDAQ:AMD) the Hottest Large-Cap Stock Right Now?
We recently compiled a list of the 10 Hottest Large-Cap Stocks Right Now. In this article, we are going to take a look at ...
Absci rises on $20M investment by Advanced Micro Devices
Absci (ABSI) was rising after a media report on a $20M investment by the semiconductor company Advanced Micro Devices (AMD) in the AI drug creation company.
Is Advanced Micro Devices (AMD) Stock a Buy Now?
It's clear that AMD isn't the AI company Nvidia is. Its $3.5 billion in data center revenue in Q3 was a fraction of Nvidia's ...
Analyst on Advanced Micro Devices (AMD): ‘The Upside Is Way Better Than The Downside’
We recently published a list of 10 AI Stocks on Investors’ Radar In January 2025. In this article, we are going to take a ...
AMD: A Strong Buy As AI Datacenter Ramps Up In 2025
Advanced Micro Devices' diversified revenue streams provide a cushion against potential slowdowns in AI hardware CapEx. See ...