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OpenAI announces massive commitments to various partners, including 10 GW of Nvidia systems, a $300B cloud capacity goal, and new deals with AMD and Broadcom.

13 reports, 5 independent Updated Sep 17
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What happened

Well supportedReported by 5 independent outlets

OpenAI announces massive commitments to various partners, including 10 GW of Nvidia systems, a $300B cloud capacity goal, and new deals with AMD and Broadcom.

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What this event is mainly about

How it developed

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  1. Nvidia invested in OpenAI to secure chip leasing capacity.Sub-event
  2. Nvidia guidance affects the chipmaking sector outlook, alongside a new partnership announced for AI infrastructure funding.Sub-event
  3. OpenAI expands AI footprint with Nvidia in Ohio and a new partnership with Broadcom for Jalapeño chips.1 source
  4. Nvidia's forward P/E is cheaper than AMD's, supported by OpenAI's 10-gigawatt systems commitment and $1 trillion revenue visibility.Sub-event
  5. OpenAI committed 6 GW of AMD Instinct GPU deployments.Sub-event
  6. OpenAI receives up to $100B commitment and $13B investment, alongside cloud capacity purchases.1 source
  7. OpenAI commits to 10 GW of Nvidia systems, $300B cloud capacity, and new deals with AMD and Broadcom.1 source

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6 more outlets ran the same wire story