On Monday, AMD announced it will supply AI chips to OpenAI in a multi year deal worth tens of billions of dollars annually that gives the ChatGPT creator an option to acquire up to 10 percent of the chipmaker stock for 1 cent per share, Reuters reports . The agreement covers hundreds of thousands of AMD AI graphics processing units over several years starting in the second half of 2026. The deal marks a major endorsement of AMD AI hardware and software capabilities as the company competes with...
