News Summary

OpenAI has entered into a significant partnership with AMD, involving a multibillion-dollar deal to purchase tens of billions of dollars’ worth of chips. This strategic move aims to bolster OpenAI’s capabilities in the AI chip arena and includes the potential for OpenAI to acquire a 10% stake in AMD. The deal also outlines the deployment of 6 GW of GPU power, starting with AMD’s MI450 rollout in 2026. This collaboration is seen as a substantial boost for AMD in the competitive AI chip market.