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OpenAI and AMD Strike Multibillion-Dollar Chip Partnership
Monday October 6, 2025. 04:01 PM , from Slashdot
![]() OpenAI will receive warrants for up to 160 million AMD shares at 1 cent per share, representing roughly 10% of the chip company. The warrants will be awarded in phases if OpenAI hits certain deployment milestones. The partnership marks AMD's biggest win in its quest to disrupt Nvidia's dominance among AI semiconductor companies. Mizuho Securities estimates that Nvidia controls more than 70% of the market for AI chips. Read more of this story at Slashdot.
https://slashdot.org/story/25/10/06/141218/openai-and-amd-strike-multibillion-dollar-chip-partnershi...
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