You can see it from the stock price: Not a lot of people are taking Advanced Micro Devices (AMD 3.35%) seriously right now as a competitor to its much larger rival, Nvidia. Even though many stocks involved in artificial intelligence (AI) have been hot buys, Advanced Micro Devices, also known as AMD, has been lagging behind.

Over the past 12 months, shares of AMD are down 20%, while Nvidia’s have risen by around 14% (as of June 23). And if you stretch out the time frame even further, the difference becomes wider.

AMD was a bit late in launching AI accelerators, but it may finally be closing the hardware performance gap and possibly even catching up to Nvidia. It recently announced its latest AI chips, and one person who is excited about them is none other than OpenAI CEO Sam Altman.

Image source: Getty Images.

Altman is a fan and will be a buyer of the new chips

AMD CEO Lisa Su unveiled the Instinct MI400 line of chips a few weeks ago. They’ll start shipping to customers next year. The chips can be tied together in a rack solution called “Helios,” which Su says “functions like a single, massive compute engine.” OpenAI, the company behind ChatGPT, will use the new chips, and Altman is excited about their potential. “It’s gonna be an amazing thing.”

The hope at AMD is that these new chips will take some market share from Nvidia, which has been far and away the leading AI chipmaker in the market thus far. With the MI400s earning a favorable endorsement from Altman, and considering AMD’s plans to price them aggressively, faster growth could be ahead for the chipmaker.

AMD’s growth rate has already been improving

In recent quarters, AMD’s results have been looking better and its growth rate has started to accelerate again.

AMD Operating Revenue (Quarterly YoY Growth) data by YCharts.

If its growth rate can remain strong, that could attract the types of AI investors who are specifically seeking out riskier stocks with lots of upside potential. AMD’s valuation of $210 billion is just a fraction of Nvidia’s $3.5 billion market cap. But while Nvidia has been a beast in the AI sphere, investors today may be wondering just how much higher it can go given that it’s already among the three most valuable companies in the world. This is where AMD may be a more compelling option.

However, for AMD to win over investors, it will need to not only grow its sales but its bottom line as well; currently, the stock trades at more than 90 times its trailing earnings, and even its forward earnings multiple (based on analysts’ consensus estimates) is 34, which is still a bit high. The S&P 500‘s forward price-to-earnings ratio is 23.

Setting prices for its AI chips at aggressively low levels could help them win market share, but it may also hurt AMD’s margins, which is why it will be imperative for investors to pay close attention to AMD’s gross margins to see if they are declining as it rolls out its newest chips.

Is AMD stock a buy right now?

Shares of AMD have been rallying over the past few months, and the business has a lot of potential to rise in value over the years. By working closely with Altman and the OpenAI team, and gaining feedback on its chips, AMD can ensure that its products meet the needs of key customers and hyperscalers.

AMD looks like a good stock to buy right now as its growth rate has been improving, and the best may still be to come as it starts rolling out its Instinct MI400 chips. Although its margins may take a hit in the near term, proving that its chips can be formidable alternatives to Nvidia’s chips will arguably be much more important to AMD in the long run.

Sam Altman’s iris-scanning crypto venture, World, announced Wednesday that it’s finally launching in the US, making its highly anticipated debut.

Starting this week, people across several US cities can now scan their eyes at World orbs and receive Worldcoin (WLD), a cryptocurrency backed by blockchain, for the first time.

For years, Worldcoin has been available in select international markets, but it was notably absent from the US until now. The delay stemmed from regulatory hurdles and privacy concerns surrounding the collection of biometric data.

The project’s reliance on iris scans raised questions about user privacy and data security, issues that had to be carefully addressed before launching in a market with strict data protection laws.

World Offers 16 WLD for Eye Scans and 150 WLD Pioneer Grant

Anyone who scans their eyes at a World orb will receive 16 WLD, and those who’ve already registered with the World app will get a “pioneer grant” of 150 WLD. The cryptocurrency can be transferred and traded within the World wallet app, and users can send WLD or other digital currencies through a private chat service integrated into the app.

In addition to its app, World is taking another big step to bridge the gap between crypto and traditional finance. It’s partnering with Visa to launch a debit card that will convert WLD into fiat currency at checkout, a move that will make the cryptocurrency much more practical for everyday use.

Iris-Scanning Process Takes 30 Seconds, Creating a Unique ID to Prevent Duplicate Registrations

The iris-scanning process is simple but effective. Users step up to a World orb, which scans their face and iris in about 30 seconds, creating a unique “IrisCode” to verify their identity. This code ensures that no one can register more than once. The orbs will be accessible at various physical locations throughout the US, including Austin, Atlanta, Los Angeles, Nashville, Miami and San Francisco.

The company has also rolled out a smaller version of the orb, the “orb mini,” which is more portable and resembles a smartphone.

Integrations with Platforms Like Stripe and Razer

Along with the debit card, the World wallet app will expand, offering over 150 mini-apps, including one from the prediction market Kalshi. Partnerships with companies like Stripe, Match Group (the parent of Tinder) and gaming platform Razer will also integrate Worldcoin into more platforms and services, broadening its use.

Altman co-founded World in 2019, initially under the name Worldcoin, with the goal of creating a decentralized global identity system. The idea was to use iris scans and blockchain technology to combat fraud and bots online. By providing users with a secure, verifiable identity, Worldcoin hopes to create a more trustworthy digital ecosystem.

As more locations open across the US, people will have more opportunities to register and claim their free WLD tokens.

The post Sam Altman Rolls Out Iris-Scanning Crypto Project World in the US appeared first on Cryptonews.

Is Studi Ghibli crypto the new meta? Elon Musk’s crypto trends are nothing new, but now Sam Altman and XRP Brad Garlinghouse are in on the Ghibli GPT update trend—and meme coin makers are taking notice.

From Howls Moving Castle to My Neighbour Totaro, Hayao Miyazaki’s Studio Ghibli has brought heart-warming stories and the magic of Japanese art-house animation to touch the lives of millions around the world.

Following the latest ChatGPT update, which has wholly revamped image generation capabilities, a new trend is ripping through social media as users scramble to ‘Ghiblify’ their photos.

It’s been 24 hours since OpenAI unexpectedly shook the AI image world with 4o image generation.

Here are the 14 most mindblowing examples so far (100% AI-generated):

1. Studio ghibli style memespic.twitter.com/E38mBnPnQh

— Barsee (@heyBarsee) March 26, 2025

Notably, the newly released image generation chatbot marks a significant juncture in the relationship between OpenAI and DALL-E (the previous supplier of GPT generative image capabilities).

Elon Musk, Sam Altman, and Brad Garlinghouse Bring Studio Ghibli to Crypto Community

While the new GPT image generation tool can handle a wide range of tasks, from making comic strips to higher-level graphic design tasks, the internet has latched onto the Studio Ghibli vibe as part of a classic clamor for nostalgia.

Theme of the day pic.twitter.com/2ioG0StAxL

— Elon Musk (@elonmusk) March 26, 2025

However, the Ghibli trend has also been mainlined by high-profile tech figures such as X Owner Elon Musk, who created a studio Ghibli depiction of himself as the ‘Dogefather’ in The Lion King.

Meanwhile, Ripple CEO Brad Garlinghouse leaped on the trend in another instance after his co-founder, David Schwartz, created a similar anime-styled image of the two XRP co-founders.

Caption this photo. pic.twitter.com/Z468Qzyid3

— David “JoelKatz” Schwartz (@JoelKatz) March 26, 2025

Not one to miss a marketing trick, the AI poster boy Sam Altman also joined the trend, posting several ‘ghiblified’ images of his top team.

this was a real labor of love from @gabeeegoooh. congrats gabe; excellent work!

here is what we generated during the livestream: pic.twitter.com/fmHWp4d9AF

— Sam Altman (@sama) March 25, 2025

DON’T MISS: The Best AI Crypto to Buy in April 2025

Meme Coin Markets React With Speed: Studio Ghibli Crypto Skyrocket Amid Trend

Ever-reactive meme coin developers were quick to leap on the trend, with a flurry of Studio Ghibli-themed coins launching late last night amid the trend.

And it appears the market has already chosen a winner amongst the swathe of new Studio Ghibli crypto, with the launch of ‘GHIBLI’ on Solana breaking out to take the top spot on GeckoTerminal.

(Source)

GHIBLI blasted high with a whopping +3,048% pump in the aftermath of the news, quickly followed by a resounding -30% sell-off, although the price now appears to be once again finding feet above lower support at $0.015.

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Is Studio Ghibli The New Meta? Musk, Altman and Garlinghouse Ghiblify; Meme Coins Go Crazy