Monday, October 6, 2025

OpenAI and AMD announce a deal as part of which OpenAI could take a 10% stake in AMD and deploy up to 6GW of Instinct GPUs over multiple years; AMD jumps 20%+ (MacKenzie Sigalos/CNBC)

MacKenzie Sigalos / CNBC:
OpenAI and AMD announce a deal as part of which OpenAI could take a 10% stake in AMD and deploy up to 6GW of Instinct GPUs over multiple years; AMD jumps 20%+  —  - OpenAI and AMD have reached a deal that could see Sam Altman's company take a 10% stake in the chipmaker



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Bloomberg : Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each;...