Advanced Micro Devices, Inc. shares rise 1.42% premarket after announcing strategic collaboration with Aligned and USC ISI for MEGALODON LLM development.

Advanced Micro Devices, Inc. rose 1.42% in premarket trading, with the company announcing a strategic collaboration with Aligned and the University of Southern California's Information Sciences Institute (USC ISI) to accelerate the development and training of MEGALODON, a cutting-edge large language model (LLM). The collaboration centers on harnessing the powerful AMD Instinct MI300 GPUs and Aligned's expertise in AI operations to train the model efficiently on non-NVIDIA architectures.