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AMD Soars After Announcing OpenAI Deal

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Wall Street rose to more records on Monday as excitement around artificial intelligence keeps driving the market. The S&P 500 rose 24.49 points, or 0.4%, to 6,740.28,.
Wall Street rose to more records on Monday as excitement around artificial intelligence keeps driving the market.

A frenzy around AI has been one of the main reasons Wall Street has been hitting record after record, though that’s also raising worries that prices have potentially shot too high. Much of the furor around AI in the last couple of weeks has come from OpenAI, which has quickly grown into a $500 billion company, announcing deals with businesses around the world to develop more AI infrastructure.

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