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AMD has signed a multi-year chip supply deal with OpenAI that could generate tens of billions in revenue for the chipmaker, helping accelerate its momentum in the AI industry.
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AMD teams up with OpenAI to challenge Nvidia’s AI chip dominance

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OpenAI and Nvidia agreed to deploy 10 gigawatts worth AI chips to power the next generation of ChatGPT.

OpenAI and Oracle reportedly signed a deal that includes OpenAI buying $300 billion of compute over a five-year span.

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AMD expects to make “tens of billions of dollars.”

OpenAI, the creator of ChatGPT, has inked a number of blockbuster deals this year, aiming to ease constraints on computing power.

The deal also gives the ChatGPT creator the option to buy up to 10 percent of AMD.