Sam Altman is spreading OpenAI's money far and wide to keep the AI race alive
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Sam Altman is spreading OpenAI's money far and wide to keep the AI race alive
"Sam Altman is spreading OpenAI's chips around the table. The ChatGPT-maker said Monday that it had agreed to a multi-year deal with AMD in which it will deploy chips requiring up to six gigawatts of power. The deal also includes an option to acquire tens of billions of dollars in AMD stock down the line. The announcement comes just weeks after news of two additional deals with other chip firms last month."
"Nvidia announced that OpenAI will gain access to 10 gigawatts of high-powered GPUs, alongside a $100 billion investment from the chipmaker. And OpenAI is set to produce its first AI chip in partnership with Broadcom next year. OpenAI also made a deal with Oracle for AI compute in July, worth more than $300 billion over five years."
OpenAI agreed to a multi-year deal with AMD to deploy chips requiring up to six gigawatts of power and an option to acquire tens of billions of dollars in AMD stock. OpenAI recently secured additional hardware arrangements, including access to 10 gigawatts of Nvidia GPUs with a $100 billion investment, a planned AI chip with Broadcom next year, and a large Oracle compute agreement valued at over $300 billion across five years. The multiple chip and compute deals expand OpenAI's hardware sources, reduce single-supplier dependence, and reflect long-term strategic investment in critical AI infrastructure.
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