OpenAI has signed a deal with chipmaker AMD to obtain six gigawatts’ worth of the company’s artificial intelligence (AI) chips, just weeks after unveiling a similar agreement with Nvidia.
The ChatGPT maker will have the option to take up to 160 million shares, or a stake of about 10 percent, in AMD as part of the agreement announced Monday.
“This partnership brings the best of AMD and OpenAI together to create a true win-win enabling the world’s most ambitious AI buildout and advancing the entire AI ecosystem,” AMD Chair and CEO Lisa Su said in a statement.
The first gigawatt of AMD chips, its Instinct MI450 graphics processing units (GPUs), are set to be deployed in the second half of 2026, according to a press release.
OpenAI will receive its first tranche of shares once this initial