OpenAI to Pay AMD with Stock Warrants
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OpenAI and AMD have announced a significant partnership where OpenAI will acquire 6 gigawatts of compute capacity and assist in refining AMD's GPUs. Uniquely, OpenAI will pay using AMD stock warrants, potentially worth billions. This deal serves as a major validation for AMD's AI chip roadmap, driving adoption momentum with cloud service providers, though analysts suggest OpenAI will likely sell shares to cover costs.
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