OpenAI’s Mega-Deals with Nvidia & AMD Spark a $1 Trillion AI Frenzy
OpenAI – the creator of ChatGPT – has positioned itself at the center of an AI hardware buying frenzy that is reshaping the tech industry. In the past few weeks, OpenAI announced two blockbuster chip-supply deals that together span 16 gigawatts of computing capacity – an almost inconceivable scale. These deals, one with long-time AI chip leader Nvidia and the other with rival AMD, are helping propel what analysts dub a “trillion-dollar AI boom” news.bloomberglaw.com ts2.tech.