OpenAI Strikes Major Multi-Year AI Chip Deal with AMD, Eyes 10% Stake
OpenAI and Advanced Micro Devices (AMD) have announced a landmark, multi-year strategic partnership under which AMD will supply AI chips to OpenAI and grant the AI firm an option to acquire up to 10% of AMD through a structured warrant agreement. Under the agreement, OpenAI will deploy as much as 6 gigawatts of GPUs over […]