AMD Enters Multi-Billion Dollar Chip Deal to Supply 6GW Compute Capacity to OpenAI

Reported 2 days ago

AMD has secured a multi-year chip supply agreement with OpenAI, aimed at delivering 6 gigawatts of compute capacity, potentially generating tens of billions in revenue. The partnership will enable OpenAI to utilize multiple generations of AMD's Instinct GPUs, beginning with the MI450 series in 2026. The deal also includes options for OpenAI to acquire a 10% stake in AMD, linked to stock price milestones. This partnership is part of OpenAI's broader strategy to enhance AI infrastructure through various chip collaborations.

Source: YAHOO

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