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fromTechCrunch
3 days ago

Wall Street analysts explain how AMD's own stock will pay for OpenAI's billions in chip purchases | TechCrunch

After AMD and OpenAI announced an expanded partnership on Monday, the chatter immediately turned to the unusual way OpenAI would pay for its AMD purchases. It will use AMD's own stock to do so. To recap: OpenAI has agreed to help AMD refine its line of Nvidia competitor chips, the Instinct GPUs, as well as to purchase and deploy 6 gigawatts of compute capacity from AMD over multiple years. AMD said this deal is worth billions in revenue.
Tech industry
Artificial intelligence
fromTechCrunch
4 days ago

AMD to supply 6GW of compute capacity to OpenAI in chip deal worth tens of billions | TechCrunch

AMD will supply OpenAI with 6 gigawatts of Instinct GPU compute across multiple generations, generating tens of billions in revenue and accelerating AMD's AI momentum.
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