News Summary

OpenAI has reached a significant milestone with its computing deals surpassing $1 trillion. This achievement is largely due to partnerships with tech giants such as Nvidia, AMD, and Oracle. These collaborations are part of OpenAI’s strategy to focus on infrastructure and deployment. Notably, OpenAI has secured a deal with AMD, which involves a warrant to purchase up to 160 million shares of the company. This move is seen as AMD paying a high price to be part of the AI revolution spearheaded by OpenAI.