US EditionOpenAI’s Sam Altman Teases More Massive Infrastructure Deals as Nvidia CEO Reacts to AMD Partnership Surprise - BusinessToday
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5 Articles
Nvidia CEO reacts to AMD deal
Nvidia CEO Jensen Huang said he was surprised by the new partnership between Advanced Micro Devices (AMD) and OpenAI. AMD has offered OpenAI an option to buy up to 10% of the company, which was announced earlier this week. Huang said, “It’s imaginative, unique and surprising, given how excited they were about their next-generation product. I’m surprised they would give up 10% of the company before they’ve even built it. I guess it’s smart, anyw…
OpenAI has announced alliances with AMD and Nvidia at a crucial moment for the development of increasingly powerful artificial intelligence models. Although these agreements have generated great headlines, Brad Gerstner, founder of Altimeter Capital, points out that for now they are only ads and not concrete implementations. In other words, there are still no chips working on servers or tangible improvements derived from these agreements. Behind…
Altman confirms, OpenAI pursuing more large-scale infrastructure deals
OpenAI CEO Sam Altman has indicated that more large-scale infrastructure agreements are in development, following recent multibillion-dollar deals with both Nvidia and AMD. The announcement of the AMD partnership reportedly came as a surprise to Nvidia’s chief executive, Jensen Huang. Nvidia CEO surprised by AMD deal In an appearance on CNBC’s Squawk Box, Huang said he was not aware of OpenAI’s partnership with his company’s main competitor befo…
Inside OpenAI’s trillion-dollar web of deals keeping the AI industry afloat
The global artificial intelligence (AI) market has never looked wealthier. But beneath those record-breaking valuations sits a loop of money and influence that is quietly shaping the entire industry.Over the past few months, OpenAI has announced a string of deals with Nvidia, AMD, Oracle, and CoreWeave worth more than $1trillion in total. These partnerships promise the computing power needed to train and deploy the next wave of AI models. Yet th…
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