OpenAI and chipmaker AMD sign chip supply partnership for AI infrastructure

Core Insights - AMD will supply high-performance graphics chips to OpenAI as part of a collaboration to build AI infrastructure [1] - The agreement includes the provision of 6 gigawatts of computing power for OpenAI's next-generation AI infrastructure, with the first gigawatt expected to be operational in the second half of next year [1] - AMD has issued a warrant to OpenAI allowing the purchase of up to 160 million shares, representing about 10% of AMD's common stock, with vesting tied to computing power milestones [2] - This partnership is seen as a significant boost for AMD, which has been overshadowed by Nvidia's success in the AI chip market [2]