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How AMD’s AI Software Helped It Score The Multi-Billion Dollar OpenAI Deal

OpenAI's multibillion-dollar deal includes purchasing 6 gigawatts of AMD AI chips and an option to acquire 10% of AMD, intensifying competition with Nvidia in the AI chip market.

  • Nvidia CEO Jensen Huang told CNBC's Squawk Box on Oct. 8th, 2025 that he was surprised Advanced Micro Devices offered 10% of the company to OpenAI.
  • On Monday, OpenAI and AMD agreed to terms that include OpenAI purchasing 6 gigawatts of AMD chips, including the Instinct MI450, and receiving warrants for 160 million AMD shares.
  • Investor response was immediate as AMD stock jumped 38% on Monday and the company reached a $380 billion market cap, following Nvidia's up-to-$100 billion collaboration with OpenAI late last month.
  • Asked about funding, Huang said OpenAI lacks money now and must raise capital through revenues, equity or debt, while Nvidia is set to invest $2 billion.
  • The deal positions Advanced Micro Devices as a stronger rival to Nvidia, challenging its dominance and narrowing the gap for AI compute providers with the Instinct MI450.
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The company specialized in artificial intelligence (IA), OpenAI, and the chip company, Advanced Micro Devices (AMD), announced a multi-million dollar alliance to collaborate in AI data centers that will operate with AMD processors.According to the terms of the agreement, to which the Wall Street Journal had access, the company responsible for products such as ChatGPT and Sora pledged to buy AMD chips worth 6 gigawatts, starting with the MI450 ch…

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CNBC broke the news in United States on Wednesday, October 8, 2025.
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