OpenAI has partnered with AMD to deploy 6GWs of the latter’s GPUs to power AI infrastructure. Under this agreement, OpenAI will work with AMD as a core strategic compute partner to drive large-scale deployments of AMD technology. The first 1GW deployment of AMD Instinct MI450 GPUs is set to begin in the second half of 2026. The news of this strategic partnership sent the AMD stock skyrocketing by over 23 percent on Monday!
As part of the agreement, to further align strategic interests, AMD has issued OpenAI a warrant for up to 160 million shares of AMD common stock, structured to vest as specific milestones are achieved. In a press release, OpenAI revealed that the first tranche vests with the initial 1GW deployment, with additional tranches vesting as purchases scale up to 6GW. Vesting is further tied to AMD achieving certain share-price targets, and to OpenAI achieving the technical and commercial milestones required to enable AMD deployments at scale. According to a CNBC report, if OpenAI exercises the full warrant, it could acquire approximately 10% ownership in AMD, based on the current number of shares outstanding.
“We are thrilled to partner with OpenAI to deliver AI compute at massive scale,” said Dr. Lisa Su, chair and CEO, AMD. “This partnership brings the best of AMD and OpenAI together to create a true win-win enabling the world’s most ambitious AI buildout and advancing the entire AI ecosystem.”
“This partnership is a major step in building the compute capacity needed to realize AI’s full potential,” said Sam Altman, co-founder and CEO of OpenAI. “AMD’s leadership in high-performance chips will enable us to accelerate progress and bring the benefits of advanced AI to everyone faster.”
“Building the future of AI requires deep collaboration across every layer of the stack,” said Greg Brockman, co-founder and President of OpenAI. “Working alongside AMD will allow us to scale to deliver AI tools that benefit people everywhere.”
“Our partnership with OpenAI is expected to deliver tens of billions of dollars in revenue for AMD while accelerating OpenAI’s AI infrastructure buildout,” said Jean Hu, EVP, CFO and treasurer, AMD. “This agreement creates significant strategic alignment and shareholder value for both AMD and OpenAI and is expected to be highly accretive to AMD’s non-GAAP earnings-per-share.”
Through this partnership, AMD and OpenAI are building the infrastructure to meet growing AI demands, by combining innovation and execution to accelerate the future of high-performance and AI computing.
Over the last few weeks, OpenAI has been entering into several strategic agreements with global technology giants as part of its ambitious plans to up its AI game. Recently, NVIDIA and OpenAI announced a strategic partnership to deploy at least 10 GW of NVIDIA systems for OpenAI’s artificial intelligence infrastructure. To support this plan, including data center and power capacity development, NVIDIA intends to invest up to US$ 100 billion in OpenAI. More recently, OpenAI entered into partnerships with Samsung to accelerate advancements in global AI data center infrastructure, including semiconductors, data centers and cloud services.