OpenAI announced on Monday that it will acquire several data centers’ worth of chips from AMD in a blockbuster deal that could also give OpenAI the option to acquire a roughly 10 percent stake in the chipmaker.

It’s another bold bet from OpenAI that demand for generative artificial intelligence will continue rising—bubble be damned.

“Excited to partner with AMD to use their chips to serve our users!” OpenAI CEO Sam Altman said on X , adding that the company will also ramp up its investments in Nvidia chips. He added: “The world needs much more compute …”

OpenAI said in a blog post this morning that it would commit to purchasing 6 gigawatts’ worth of AMD chips over the next several years. The first deployment of a gigawatt worth of AMD Instinct MI450 GPUs will take place in the

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