Reported 2 days ago
OpenAI has entered into a significant agreement to purchase 'tens of billions' worth of AMD chips to create six gigawatts of AI infrastructure. This partnership will see AMD acting as a core strategic compute partner for OpenAI, with the intention to accelerate AI technology deployment. OpenAI will utilize AMD's Instinct GPUs and has the option to acquire 160 million AMD shares at a low cost, potentially securing a 10% stake as milestones are achieved. This deal follows OpenAI's recent collaboration with NVIDIA to establish AI data centers.
Source: YAHOO