OpenAI and AMD signed a multibillion-dollar deal granting OpenAI a 10% AMD stake and massive chip supply. The move deepens a web of cross-investments linking chipmakers, AI firms, and cloud giants in a trillion-dollar ecosystem.
00:00It's Benzinga, bringing Wall Street to Main Street.
00:02OpenAI and AMD have struck a tens of billions of dollar deal that deepens the growing web of alliances across the artificial intelligence industry, that according to Axios.
00:11The agreement gives OpenAI up to a 10% stake in AMD and secures massive chip purchases for data center expansion.
00:17It marks another link in a chain of cross-investments, tying together chip makers, model developers, and cloud providers.
00:23Video has pledged as much as $100 billion to OpenAI for data center construction, recently invested $5 billion in Intel.
00:31OpenAI also secured billions from Oracle, SoftBank, and the UAE for its Stargate projects, while Anthropocons, Amazon, and Google as backers.
00:38Analysts say these overlapping deals show how AI is evolving into an interconnected trillion-dollar ecosystem of shared supply chains and mutual dependence.
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