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Germany Stabbing | Nation & World News

Germany Stabbing | Nation & World News

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Image shows Advanced Micro Devices (AMD) booth one day before the China Digital Entertainment Expo & Conference (ChinaJoy) at Shanghai New International Expo Center on August 1, 2019

Wall Street analysts explain how AMD’s own stock will pay for OpenAI’s billions in chip purchases 

After AMD and OpenAI announced an expanded partnership on Monday, the chatter immediately turned to the unusual way OpenAI would pay for its AMD purchases. It will use AMD’s own stock to do so.  To recap: OpenAI has agreed to help AMD refine its line of Nvidia competitor chips, the Instinct GPUs, as well as to purchase and deploy 6 gigawatts of compute capacity from AMD over…

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