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AMD signs a long-term deal to supply OpenAI with multiple generations of Instinct GPUs
AMD has signed a long-term supply deal with OpenAI to deliver multiple generations of its Instinct chips. The agreement covers up to six gigawatts of compute power and includes a stock warrant that could give OpenAI up to a ten percent stake in AMD.
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cnbc.com
AMD stock skyrockets 23% as OpenAI looks to take stake in AI chipmaker
OpenAI will deploy up to 6 gigawatts of AMD Instinct GPUs over multiple years, beginning with a 1-gigawatt rollout in 2026.
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theverge.com
AMD teams up with OpenAI to challenge Nvidia’s AI chip dominance
AMD expects to make “tens of billions of dollars.”
