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International Business Times
International Business Times
Business

OpenAI Signs Multi-billion Dollar Chip Deal With AMD

OpenAI sits at the center of an AI investment bonanza (Credit: AFP)

OpenAI signed a multi-year partnership Monday with chipmaker Advanced Micro Devices as the ChatGPT-maker continues an investment spree to secure massive amounts of computing power for rolling out generative artificial intelligence.

The companies announced the plan to develop AI data centers that the chipmaker said would bring in tens of billions of dollars in new revenue over the next five years.

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