Just a few weeks ago, Nvidia pledged $100 billion investment in Openai. Now, Openai has reached another agreement, this time with Nvidia’s competitor, AMD. Openai announced the deal To use AMD chips to create six gigawatts of AI infrastructure. AMD expects to make “tens of billions of dollars” from this agreement.
According to Openai, AMD will serve “as a primary strategic compute partner to drive large-scale deployments” of its technology. Openai will use AMD’s GROSTINCE GPUs, with plans to deploy the first Gigawatt of GPUS GROSTINCE MI450 during the second half of 2026
“AMD’s leadership in high-performance chips will enable us to accelerate progress and bring the benefits of advanced AI to everyone faster,” Sam Altman, co-founder and CEO of Openai, said in a statement.
The deal will also give Openai the opportunity to buy 160 million AMD shares at a penny each. These stocks will phase out over time as different milestones are reached – starting with the first Gigawatt deployment. Ultimately, these shares will give Openai up to a 10 percent stake in AMD.
Agreements between major AI players are popping up everywhere. In its recent deals with NVIDIA, Openai plans to use the former’s chips to power at least 10 gigawatts of AI data centers. The $100 billion investment will come in waves timed to each new gigawatt of power. This process should also begin during the second half of 2026.
Openai also works with Microsoft on ways to exchange technology, with the latter investing more than $13 billion in the former – for 49 percent of its profits. Meanwhile, Nvidia recently Invested $5 billion in Intel To “seamlessly connect” the strengths of NVIDIA’s AI and accelerated compute with Intel’s leading CPU technologies and the x86 ecosystem. Intel is also tasked with creating NVIDIA-CUSTOM X86 CPUs for the markets and AI infrastructure platforms.
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