OpenAI Takes 10% Stake in AMD in Landmark Chip Partnership Worth Billions

OpenAI has struck a sweeping deal with Advanced Micro Devices (AMD) that could see Sam Altman’s company acquire up to a 10% ownership stake in the chipmaker, marking one of the most significant GPU supply and equity partnerships in the artificial intelligence industry to date. AMD shares soared more than 30% on Monday following the […] The post OpenAI Takes 10% Stake in AMD in Landmark Chip Partnership Worth Billions appeared first on Tekedia.

OpenAI Takes 10% Stake in AMD in Landmark Chip Partnership Worth Billions

OpenAI has struck a sweeping deal with Advanced Micro Devices (AMD) that could see Sam Altman’s company acquire up to a 10% ownership stake in the chipmaker, marking one of the most significant GPU supply and equity partnerships in the artificial intelligence industry to date. AMD shares soared more than 30% on Monday following the […]

The post OpenAI Takes 10% Stake in AMD in Landmark Chip Partnership Worth Billions appeared first on Tekedia.

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