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TechCrunch
TechCrunch
4w ago 20 views

Even after Stargate, Oracle, Nvidia, and AMD, OpenAI has more big deals coming soon, Sam Altman says

OpenAI's CEO Sam Altman announces more significant deals are forthcoming, following recent partnerships with AMD and Nvidia to enhance AI infrastructure.
Even after Stargate, Oracle, Nvidia, and AMD, OpenAI has more big deals coming soon, Sam Altman says
A What happened
OpenAI's CEO Sam Altman has indicated that the company is preparing for more substantial deals in the near future, following its recent partnerships with AMD and Nvidia. These agreements involve significant investments in AI infrastructure, with AMD providing up to 10% of its stock in exchange for OpenAI's development of next-generation AI GPUs. Altman emphasized the need for aggressive infrastructure investments to meet anticipated demand for future AI models. Although OpenAI's current revenue is not sufficient to cover these investments, Altman remains optimistic about the economic potential of upcoming models. He noted that collaboration with the broader industry will be essential to support these ambitious plans, hinting at more partnerships on the horizon.

Key insights

  • 1

    OpenAI's Aggressive Infrastructure Strategy

    OpenAI plans to invest heavily in AI infrastructure to support future growth.

  • 2

    Partnerships with AMD and Nvidia

    Recent deals with AMD and Nvidia involve significant stock and equipment exchanges.

  • 3

    Future Economic Potential

    Altman believes future AI models will generate substantial economic returns.

Takeaways

OpenAI is actively pursuing strategic partnerships to bolster its infrastructure and future capabilities.