OpenAI’s $1 Trillion AI Takeover: Why Silicon Valley Is in Awe—and on Edge
OpenAI signed deals with AMD and Nvidia worth about $1 trillion, securing 6 gigawatts of AMD GPUs and an option to buy 10% of AMD. CEO Sam Altman launched Sora and Instant Checkout, while ChatGPT usage doubled to 800 million weekly users. OpenAI’s valuation hit $500 billion, but it lost $7.8 billion in the first half of 2025. AMD stock jumped 30% after the announcements.