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OpenAI to Pay AMD with Stock Warrants

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OpenAI to Pay AMD with Stock Warrants

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.

Prepared by Christopher Adams and reviewed by editorial team.

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