OpenAI co-founder on new deal with AMD: We need as much compute power as we can possibly get

Partnership Overview - AMD announces a massive 5-year deal with OpenAI to address the increasing demand for AI compute [1][3] - The partnership aims for long-term alignment between AMD and OpenAI, ensuring mutual success through performance-based collaboration [9][10] - OpenAI gains a reason to want AMD to be successful, tying performance to each other [10] Strategic Rationale - OpenAI chose AMD due to the need for as much computing power as possible, recognizing AMD's next-generation chip development [6][7] - The deal includes warrants to ensure a long-term commitment, aligning the companies' interests [9] - AMD's job is to deliver more AI compute for OpenAI [8] Financial Implications - Every gigawatt of compute deployed by OpenAI is estimated to generate significant double-digit billions of revenue for AMD [9] - The partnership is expected to be highly accretive to both AMD's revenue and earnings from day one [13][14] - The deal will turbocharge AMD's AI footprint and provide long-term revenue and earnings accretion [14] Technology and Future Roadmap - AMD is currently shipping the MI350, and is excited about the next generation MI450 [12] - OpenAI provides valuable feedback to AMD on chip development, influencing AMD's roadmap [11][12] - The collaboration focuses on optimizing the roadmap to ensure strong performance going forward [13] Industry Impact - The deal signifies the importance of having the right compute technology to power the next wave of AI [3] - The industry is adapting to the massive demand for AI services expected over the next couple of years [6] - The ecosystem is coming together to deliver the amount of inference required to bring AI to everyone at scale [7]