Semiconductor maker AMD will supply its chips to ChatGPT maker OpenAI as part of an agreement to team up on building artificial intelligence infrastructure, the companies said Monday.

According to a joint statement announcing the deal, AMD will provide OpenAI with the latest version of its high performance graphics chips expected to debut next year.

It calls for supplying 6 gigawatts of computing power for OpenAI’s “next generation” AI infrastructure, with the first gigawatt coming online in the second half of 2026.

AMD also issued OpenAI with a warrant allowing the AI company to buy up to 160 million shares of AMD’s common stock, which amounts to about 10% of company. The warrant will vest based on two milestones tied to the amount of computing power deployed.

“This partnership is a m

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