AMD Inks Multi-Year OpenAI Deal for 6GW Instinct GPUs, Challenging Nvidia

AMD has inked a multi-year deal with OpenAI to supply up to 6 gigawatts of Instinct GPUs, starting in 2026, challenging Nvidia's AI dominance. The innovative financing lets OpenAI pay via warrants for 160 million AMD shares, aligning incentives and potentially generating billions in revenue. This partnership signals a shift in AI infrastructure funding.