AI chipmaker AMD strikes major deal with OpenAI
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Just In
Microchip maker AMD got a huge boost in the race to supply the artificial intelligence revolution. OpenAI, the company behind major AI platform ChatGPT, announced a deal for AMD to provide the AI startup with its high-performance processing chips starting next year.
Breakdown
- AMD will supply high-performance chips to OpenAI for AI data centers. 8s
- The deal involves chips capable of handling 6 gigawatts of power over five years. 59s
- OpenAI has an option to acquire a 10% stake in AMD as part of the agreement. 1m 6s
- AMD's share price rose significantly after the announcement, while NVIDIA shares dipped. 2m 2s
- The chips will power AI applications, including OpenAI's Sora video generator and new ChatGPT features. 2m 43s
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