OpenAI has agreed to buy tens of billions of dollars’ worth of chips from AMD as part of a deal that could also see the ChatGPT maker take a roughly 10 per cent stake in the $270bn chipmaker over time.
The San Francisco-based artificial intelligence start-up said on Monday it had agreed to purchase processors with a total power consumption of 6 gigawatts, roughly equivalent to Singapore’s average demand.
The companies did not put a total dollar figure on the transaction, but OpenAI executives estimate that 1GW of capacity costs about $50bn to bring online, with two-thirds of that spent on chips and the infrastructure to support them.
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