OpenAI Inks AMD Chips Deal Worth Tens of Billions of Dollars

[VCT]

I bet all the customers need to prepay more to secure production capacity from TSMC.

 

[sonchoy]

So many companies' stocks now depend on Sam Altman actually buying what he signed those MoUs for.

Oracle
AMD
NVIDIA
Microsoft
Forgetting a few more.

We seem to be converging to a singularity - OpenAI.

 

[hist78]

You mean Elon as well?

Good question. I don’t know whether his friends list is growing or shrinking after so many episodes of drama.

 

[hist78]

So many companies' stocks now depend on Sam Altman actually buying what he signed those MoUs for.

Oracle
AMD
NVIDIA
Microsoft
Forgetting a few more.

We seem to be converging to a singularity - OpenAI.

Samsung
SK hynix

 

[hist78]

It's kind of fun here:

Sept 2025:
Nvidia invests (up to) $100B in OpenAI as they buy GPUs and build out data centers together

Oct 2025:
OpenAI invests up to $60B in AMD as they sell GPUs / build out data centers together

The cynic in me also can't help but wonder "Is OpenAI a money laundering scheme (illegal export sales) for Nvidia?"

AMD's revenue and profit will impact the value of OpenAI's holdings/Warrants at AMD. Consequently it will impact the value of Nvidia's investment at OpenAI.

Additionally, Nvidia announced to invest $5 billion in Intel.

And the $100 billion investment OpenAI acquired from Nvidia can be potentially used to procure hardware from Nvidia's competitors: AMD and Intel.

It's complicated.

 

[swka]

So many companies' stocks now depend on Sam Altman actually buying what he signed those MoUs for.

Oracle
AMD
NVIDIA
Microsoft
Forgetting a few more.

We seem to be converging to a singularity - OpenAI.

the AI frenzy will be pushed a bit further with this for sure. Some say OpenAI has already become too big to fail. What do you guys think about Elon's xAI effort as a comparison?

 

[tooLongInEDA]

Is it just me or do some of these creative financing arrangements (the CoreWeave/nVidia circular relationship being just one example and this feeling in some ways similar) display symptoms of a positive feedback system ? [OpenAI can't have all the $100bns they claim to be investing/spending/whatever]. And if so, should we really be expecting a stable result ?