OpenAI's Blockbuster AMD Deal Is a Bet on Near-Limitless Demand for AI

OpenAI's Blockbuster AMD Deal Is a Bet on Near-Limitless Demand for AI OpenAI's latest move in the race to build massive data centers in the US shows it believes demand for AI will keep surging--even as skeptics warn of a bubble. Sam Altman, CEO of OpenAI, Lisa Su, CEO of Advanced Micro Devices, and Michael Intrator, CEO of CoreWeave, arrive to testify during the Senate on Thursday, May 8, 2025.Photograph: Tom Williams; Getty Images Save this storyOpenAI announced on Monday that it will acquire several data centers' worth of chips from AMD in a blockbuster deal that could also give OpenAI the option to acquire a roughly 10 percent stake in the chipmaker. It's another bold bet from OpenAI that demand for generative artificial intelligence will continue rising--bubble be damned. "Excited to partner with AMD to use their chips to serve our users!" OpenAI CEO Sam Altman said on X, adding that the company will also ramp up its investments in Nvidia chips. He added: "The world needs much more compute " OpenAI said in a blog post this morning that it would commit to purchasing 6 gigawatts' worth of AMD chips over the next several years.