Despite DeepSeek’s surge earlier this year, OpenAI has exceeded critics’ expectations and maintained strong momentum over recent months. Within the same week of OpenAI launching Sora version 2.0, OpenAI announced a major partnership with AMD, a deal rumored to be worth billions of dollars.
The partnership commits OpenAI to buying 6 gigawatts’ worth of computing in AMD GPUs. In detail, it includes an initial 1-gigawatt deployment of AMD Instinct MI450 series GPU capacity beginning in the second half of 2026.
This agreement is a direct result of the increased usage and integration of AI models into everyday tasks.
In return, AMD gave OpenAI a warrant for 160 million AMD shares, which is about 10% of AMD’s at 1 cent per share. A warrant is a right issued by a company that allows another entity to purchase a given number of shares at a set price and before the given deadline.
OpenAI’s warrant is priced at just one cent per share, making it an incredible bargain. Following the announcement, AMD’s stock jumped by about 24%, marking one of the biggest single-day market cap gains in the company’s history.
This comes barely two weeks after OpenAI signed a deal with Nvidia, where Nvidia committed an investment of $100 billion into OpenAI, which will be used to purchase Nvidia chips worth 10 gigawatts of compute.
According to OpenAI, the strategic partnership will allow them to build and run at least 10 gigawatts of AI data centers using NVIDIA systems. This will include millions of GPUs to power OpenAI’s next-generation AI infrastructure.
The deployment of NVIDIA chips is expected to begin in the second half of 2026 on the company’s Vera Rubin platform.
Signaling its ferocious appetite for computing power, OpenAI’s latest video generation model, Sora 2, has been touted as being equally as good as, if not better than, Google’s Veo 3.
Users have been sharing videos made with Sora all over social media, and the results are surprisingly realistic and impressive. Even though the app is still in its referral-only stage, Sora has already climbed to the top of the U.S. App Store.
With world record levels of computing power being planned, it will be interesting to see who will ultimately come out on top of the AI race.
