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Highlights
  • OpenAI formalizes a multiyear chip-supply partnership to scale OpenAI's AI infrastructure and diversify its hardware sourcing.
  • OpenAI will also get the option to buy up to 160 million shares of AMD. That equals approximately 10% of the AMD stock outstanding.
  • AMD Instinct MI450 GPUs are planned to deliver roughly 6 gigawatts of computing power for OpenAI's next generation AI infrastructure.

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References

IBM Breaks Out On AI Deal With Anthropic

IBM Breaks Out On AI Deal With Anthropic

AMD stock skyrockets 25% as OpenAI looks to take stake in AI chipmaker

AMD stock skyrockets 25% as OpenAI looks to take stake in AI chipmaker

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AMD stock soars 38% after company inks a major deal with OpenAI

OpenAI and AMD announce multibillion-dollar partnership — AMD to supply 6 gigawatts in chips, OpenAI could get up to 10% of AMD shares in return

OpenAI and AMD announce multibillion-dollar partnership — AMD to supply 6 gigawatts in chips, OpenAI could get up to 10% of AMD shares in return

AMD signs AI chip-supply deal with OpenAI, gives it option to take a 10% stake

AMD And OpenAI Announce Multibillion Dollar Chip Deal—AMD Shares Surge 24%

AMD And OpenAI Announce Multibillion Dollar Chip Deal—AMD Shares Surge 24%

AMD stock soars 38% after company inks a major deal with OpenAI

AMD stock soars 38% after company inks a major deal with OpenAI

AMD announces major partnership with OpenAI for AI computing infrastructure

AMD announces major partnership with OpenAI for AI computing infrastructure

AMD stock soars after striking a landmark deal with OpenAI—part of Sam Altman’s bid to loosen Nvidia’s grip on AI | Fortune

AMD stock soars after striking a landmark deal with OpenAI—part of Sam Altman’s bid to loosen Nvidia’s grip on AI | Fortune

OpenAI and AMD Announce Massive AI Partnership, Sending AMD Shares Soaring

OpenAI and AMD Announce Massive AI Partnership, Sending AMD Shares Soaring

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OpenAI's Blockbuster AMD Deal Is a Bet on Near-Limitless Demand for AI

OpenAI Inks AMD Chips Deal Worth Tens of Billions of Dollars

OpenAI Inks AMD Chips Deal Worth Tens of Billions of Dollars

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OpenAI lifts another AI laggard with big plans for AMD

AMD stock surges 25% after AI infrastructure deal with OpenAI

AMD stock surges 25% after AI infrastructure deal with OpenAI

AMD Stock Soars 30% as OpenAI Seeks 10% Stake. Why This Collab Threatens Nvidia.

AMD Stock Soars 30% as OpenAI Seeks 10% Stake. Why This Collab Threatens Nvidia.

AMD and OpenAI Announce Strategic Partnership to Deploy 6 Gigawatts of AMD GPUs

AMD and OpenAI Announce Strategic Partnership to Deploy 6 Gigawatts of AMD GPUs

AMD signs AI chip-supply deal with OpenAI

AMD signs AI chip-supply deal with OpenAI

OpenAI Signs Multi-billion Dollar Chip Deal With AMD

OpenAI Signs Multi-billion Dollar Chip Deal With AMD

OpenAI signs multibillion-dollar chip deal with AMD

OpenAI signs multibillion-dollar chip deal with AMD

AMD seals multi-year megadeal with OpenAI involving 6 gigawatts' worth of AI GPUs and a possible 10% stake in AMD

AMD seals multi-year megadeal with OpenAI involving 6 gigawatts' worth of AI GPUs and a possible 10% stake in AMD

OpenAI bets big on AMD with massive investment

OpenAI bets big on AMD with massive investment

AMD shares soar 27% on OpenAI chip deal that could give Altman’s firm a 10% stake

AMD shares soar 27% on OpenAI chip deal that could give Altman’s firm a 10% stake

Open AI signs multibillion-dollar deal with AMD for processors

Open AI signs multibillion-dollar deal with AMD for processors

AMD Stock Skyrockets on Massive Deal With OpenAI. Could This Be a Game Changer for AMD? | The Motley Fool

AMD Stock Skyrockets on Massive Deal With OpenAI. Could This Be a Game Changer for AMD? | The Motley Fool

The OpenAI Effect: AMD Stock Wins a New Street-High Price Target - TipRanks.com

The OpenAI Effect: AMD Stock Wins a New Street-High Price Target - TipRanks.com

AMD teams up with OpenAI to challenge Nvidia’s AI chip dominance

AMD teams up with OpenAI to challenge Nvidia’s AI chip dominance

Nvidia and OpenAI plot massive GPU expansion

Nvidia and OpenAI plot massive GPU expansion

AI chipmaker AMD strikes major deal with OpenAI

AI chipmaker AMD strikes major deal with OpenAI

OpenAI and chipmaker AMD sign chip supply partnership for AI infrastructure

OpenAI and chipmaker AMD sign chip supply partnership for AI infrastructure

OpenAI Investment Puts AMD on Path to Challenge Nvidia’s Lead | Investing.com

OpenAI Investment Puts AMD on Path to Challenge Nvidia’s Lead | Investing.com

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