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
IT&C knowledge
Mehaniq / Shutterstock.com
Always see our news on Google
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.
Sources
Latest News
23:12
Houthi militias in Yemen attacked two Saudi oil tankers, Wafa and Daisy, in the Red Sea and the Gulf of Aden
22:55
The British Foreign Secretary avoids answering whether he still considers Donald Trump an "idiot," "racist," and "misogynist."
22:41
Armed attack with multiple victims in Prospect Hill, North Carolina
22:20
An explosive drone was found on the runway of the airport in Leipzig / The German police deployed a bomb disposal robot
21:47
Iran and Oman have agreed on a shipping route through the Strait of Hormuz
See more news
NEWS ON THE SAME TOPICS
Personalized news feed, AI-powered search, and notifications in a more interactive experience.
.webp)
