Semiconductor maker AMD will supply its chips to artificial intelligence company OpenAI as part of an agreement to team up on building AI infrastructure, the companies said Monday.
OpenAI will also get the option to buy as much as a 10% stake in AMD, according to a joint statement announcing the deal. It's the latest deal for the ChatGPT maker as it races to beef up its AI computing resources.
Under the terms of the deal, OpenAI will buy the latest version of the company's high performance graphics chips, the Instinct MI450, which is expected to debut next year.
The agreement calls for supplying 6 gigawatts of computing power for OpenAI’s “next generation” AI infrastructure, with the first batch of chips worth 1 gigawatt to be deployed in the second half of 2026.
AMD also issued OpenAI with a warrant allowing the AI company to buy up to 160 million shares of AMD’s common stock. That amounts to about 10% of the chipmaker based on AMD's 1.6 billion outstanding shares. The warrant will vest based on two milestones tied to the amount of computing power deployed, as well as unspecified “share-price targets."
Shares of AMD spiked nearly 24% on Monday. Shares of Nvidia, which have repeatedly set new record-highs this year, fell by 1%.
“This partnership is a major step in building the compute capacity needed to realize AI’s full potential,” OpenAI CEO Sam Altman said in a news release. “AMD’s leadership in high-performance chips will enable us to accelerate progress and bring the benefits of advanced AI to everyone faster.”
The deal is a boost for Santa Clara, Calif.-based AMD, which has been left behind by rival Nvidia. But it also hints at OpenAI's desire to diversify its supply chain away from Nvidia's dominance. The AI boom has fueled demand for Nvidia's graphics processing chips, sending its shares soaring and making it the world's most valuable company.
Last month, OpenAI and Nvidia announced a $100 billion partnership that will add at least 10 gigawatts of data center computing power. OpenAI and its partners have already installed hundreds of Nvidia’s GB200, a tall computing rack that contains dozens of specialized AI chips within it, at the flagship Stargate data center campus under construction in Abilene, Texas.
Barclays analysts said in a note to investors Monday that OpenAI's AMD deal is less about taking share away from Nvidia than it is a sign of how much computing is needed to meet AI demand.
“We realize there will be delays with these deals, and that the infrastructure required largely doesn’t exist today, but we would again highlight this as a proof point that the ecosystem is desperate for more compute,” wrote Barclays analyst Tom O’Malley.
FILE - This July 13, 2010, file photo, shows an entrance to the Advanced Micro Devices Inc. (AMD) headquarters in Sunnyvale, Calif. (AP Photo/Paul Sakuma, File)
FILE - Sam Altman, Co-Founder and Chief Executive Officer, OpenAI, testifies before a Senate Committee on Commerce, Science, and Transportation hearing on Capitol Hill in Washington, May 8, 2025. (AP Photo/Jose Luis Magana, file)
FILE - The OpenAI logo appears on a mobile phone in front of a computer screen with random binary data, March 9, 2023, in Boston. (AP Photo/Michael Dwyer, File)
PROVIDENCE, R.I. (AP) — The investigation into the Brown University mass shootingshifted Thursday when authorities said they were looking into a connection between the shooting and an attack two days later near Boston that killed a professor from Massachusetts Institute of Technology.
The attacker at Brown killed two students and wounded nine others on Saturday. Some 50 miles (80 kilometers) away MIT professor Nuno F.G. Loureiro was killed Monday night in his home in the Boston suburb of Brookline.
Here are some answers to questions about the attacks and investigations:
Authorities have not divulged much information yet. Three people familiar with the matter who were not authorized to discuss an ongoing investigation and spoke on condition of anonymity confirmed the shift in investigation. Two of the people said investigators had identified a person of interest in the shootings and were actively seeking that individual.
The FBI previously said it knew of no links between the cases.
It’s been nearly a week since the shooting at Brown. There have been other high-profile attacks in which it took days or longer to make an arrest, including in the brazen New York City sidewalk killing of UnitedHealthcare’s CEO last year, which took five days.
Frustration is mounting in Providence that the person behind the Brown attack managed to get away and that a clear image of their face has yet to emerge.
Authorities have released several security videos of a person they think might have carried out the Brown attack. They show the individual standing, walking and even running along the streets, but their face is masked or turned away in all of them.
The state attorney general said the wing of the engineering building where the attack happened has few “if any” cameras, and investigators believe the shooter entered and left through a door that faces a residential street bordering campus. The building is on the edge of campus, which might explain why the cameras Brown does have didn’t capture footage of the person.
Loureiro, 47, who was married, joined MIT in 2016 and was named last year to lead the school’s Plasma Science and Fusion Center, where he worked to advance clean energy technology and other research. The center, one of MIT’s largest labs, had more than 250 people working across seven buildings when he took the helm. He was a professor of physics and nuclear science and engineering.
Authorities have not speculated on why he was killed and no suspect is in custody.
We still don't know. Although police said this week that they believe Brown was purposefully targeted and that the videos suggest the masked person had been casing the building, no one has taken credit for the attack and investigators apparently still hadn't identified a suspect as of Thursday.
The investigation was taking place as Brown was sending out early decision notifications.
Police say they still don't know. The finals study session was for a “Principles of Economics” course that attracts hundreds of students each semester, but police are still tracking down how many may have been in the room.
The two students who were killed and the nine others injured were studying for a final in a first-floor classroom in an older section of the engineering building when the shooter walked in and opened fire.
Those killed were 19-year-old sophomore Ella Cook and 18-year-old freshman MukhammadAziz Umurzokov. Cook, whose funeral is Monday, was active in her Alabama church and served as vice president of the Brown College Republicans. Umurzokov’s family immigrated to the U.S. from Uzbekistan when he was a child, and he aspired to be a doctor.
As for the wounded, one remained hospitalized in critical condition and five were in stable condition as of Wednesday, officials said. The other three were discharged.
Whittle reported from Portland, Maine. Contributing were Associated Press reporters Kimberlee Kruesi, Amanda Swinhart, Robert F. Bukaty, Matt O'Brien and Jennifer McDermott in Providence; Michael Casey in Boston; Heather Hollingsworth in Mission, Kansas; Kathy McCormack and Holly Ramer in Concord, New Hampshire; Christopher Weber in Los Angeles; and Alanna Durkin Richer, Mike Balsamo and Eric Tucker in Washington.
This combo image made with photos provided by the FBI and the Providence, Rhode Island, Police Department shows a person of interest in the shooting that occurred at Brown University in Providence, R.I., Saturday, Dec. 13, 2025. (FBI/Providence Police Department via AP)
A memorial of flowers and signs lay outside the Barus and Holley engineering building at Brown University, on Hope Street in Providence, R.I., on Tuesday, Dec 16, 2025. (AP Photo/Matt OBrien)
A Brown University student leaves campus, Tuesday, Dec. 16, 2025, after all classes, exams and papers were canceled for the rest of the Fall 2025 semester following the school shooting, in Providence, R.I. (AP Photo/Robert F. Bukaty)
