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International Business Times UK
International Business Times UK
Business
Luis Vincent Gochoco

AMD Bets the House on OpenAI: Deep Dive into the High-Stakes Partnership Shaking Up the AI Landscape

In the relentless race to build the computational backbone for artificial intelligence, OpenAI has just made its next major move. The company behind ChatGPT has struck a sweeping deal with chipmaker AMD, an agreement that could not only secure its next generation of processors but also give it a potential 10% stake in the hardware giant. This is the latest manoeuvre in OpenAI's staggering trillion-dollar push to expand its computing base.

The Deal and Its Immediate Market Impact

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