AMD will provide OpenAI with AI chips for several years, with estimated revenues of over 100 billion dollars, including the option to purchase AMD shares.
Lara Maior
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The agreement between AMD and OpenAI provides for the delivery of hundreds of thousands of AI chips, generating annual revenues of tens of billions of dollars for AMD. OpenAI will have the option to purchase up to 10% of AMD's shares at a symbolic price. AMD's shares have risen significantly, highlighting the increased interest in AI technologies. The agreement will allow OpenAI to build the necessary infrastructure for AI development and is expected to generate over 100 billion dollars in new revenue over the next four years.
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