"AMD has agreed to supply 6 gigawatts of compute capacity to OpenAI - enough to power up to 4.5 million homes - across multiple generations of its Instinct GPUs, starting with the Instinct MI450 GPU. OpenAI will receive the first gigawatt of capacity in the second half of 2026, when the new chip is scheduled for deployment. AMD claims the MI450 series will outperform Nvidia's comparable offerings (NVIDIA Rubin CPX) through hardware and software improvements, many of which will be made with OpenAI's input."
"As part of the agreement, AMD has given OpenAI the option to buy up to 160 million shares of AMD stock, which amounts to a 10% stake. The first tranche will vest with the initial 1 gigawatt deployment, and additional tranches will vest as OpenAI buys up to the total 6 gigawatts, AMD said. OpenAI's stake will also be directly tied to increasing AMD's stock price milestones, with the final tranche vesting when the stock reaches $600 per share."
AMD will supply OpenAI with 6 gigawatts of compute capacity across multiple generations of Instinct GPUs, beginning with the Instinct MI450. The first gigawatt of capacity is scheduled for deployment in the second half of 2026. AMD claims the MI450 series will outperform Nvidia's NVIDIA Rubin CPX through hardware and software improvements developed with OpenAI's input. Current MI355X and MI300X GPUs are already used in some OpenAI workloads and perform well for large-language-model inference due to large memory capacity and bandwidth. OpenAI received an option to buy up to 160 million AMD shares (10% stake), with vesting tied to deployments and stock-price milestones, including a final tranche at $600 per share. OpenAI is building additional Stargate data centers with planned capacity of seven gigawatts.
Read at TechCrunch
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