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AMD and OpenAI's strategic partnership to deploy six gigawatts of AMD GPUs shows the massive impact of AI on public companies.
AMD and OpenAI just closed a massive GPU deal. Could be worth $60 billion or more over the next five years. AMD stock rocketed up 35% since the announcement.
OpenAI's deal with AMD includes a 10% ownership if milestones are hit, showcasing a win-win strategy leveraging manufacturing capacity.
The agreement between OpenAI and AMD comes just weeks after OpenAI revealed a $100 billion chip deal with NVIDIA.
OpenAI has struck a multi-billion dollar deal with AMD, securing 6 gigawatts of compute capacity to power its AI data centers. In exchange, OpenAI could secure up to a 10% stake in AMD if it meets certain deployment milestones.