OpenAI acquires up to 10% in chipmaker AMD
OpenAI will buy a large number of AI chips from AMD in the coming years and, in return, acquires the right to become up to 10% owner of the Intel and Nidia competitor.
AI companies no longer always disclose how many AI chips (or GPUs) are involved, but increasingly report how much electricity those processors require. In this case, it concerns 6GW, enough power to supply 20 million households with electricity.
OpenAI will deploy AMD chips on a large scale to meet the growing demand for computing power behind services such as ChatGPT.
They also promise to exchange technical expertise to align their product development roadmaps.
The first AMD chips in OpenAI data centres will be switched on in the first half of 2026.
OpenAI is installing AI capacity on an immense scale. CEO Sam Altman is raising that money from investors who are joining in for fear of missing out. It remains highly questionable whether they will ever recoup that investment, as evidenced by reports like these from Deutsche Bank and Bain.
One of the initiatives to establish international AI capacity is the so-called ‘Open AI for countries’ initiative. In this, the Americans invest in national infrastructure projects for data centres. They recently did so in Norway, as the first country, followed by the UK and Germany.
Tech publication IEEE Spectrum calculates that ChatGPT requires 310 GWh of electricity annually to handle all search and computation requests.
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