The executive director of Nvidia, Jensen Huang, described Wednesday as “ingenious” the millionaire agreement for which OpenAi will buy AMD microprocessors and take up to 10% participation in the company.
“Yes, I saw the agreement. It is imaginative, unique and surprising, considering that they were so excited about their new generation product. I am surprised that they gave up 10% of the company even before building it. Anyway, I suppose it is ingenious,” Huang said in an interview with CNBC.
Openai and AMD reached an agreement earlier this week, in which Openai undertakes to buy AMD chips worth 6 gigawatts over several years, including its next series MI450.
In addition, AMD issued Openai a guarantee that could allow it – if a series of contractual requirements are met based on the implementation of a certain amount of gigawatts – buy up to 160 million ordinary Actions of AMD, which would represent approximately 10% of the company.
Nvidia announced a massive agreement last month in which the chips manufacturer plans to invest up to 100,000 million dollars in OpenAi in stages. OpenAI will use the money to build data centers full of NVIDIA systems.
“But our agreement is very different from that of AMD. We have been working with Openai for a long time through third parties (…) Collaboration with OpenAi adds to what we already do with them in the cloud: we will continue executing all the cloud contracts, but our collaboration with them is quite unique, since it is the first time we sell them directly,” noted the Taiwan-American businessman.
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Openai obtains millions after agreements with Oracle and SoftBank
The leader of Nvidia said that what is really “exciting” of the last agreement with Openai is that, selling them directly, they can help them prepare for the day they are “self -lined and hyperscalable.”
“Our agreement basically implies selling systems and infrastructure,” Huang explained.
Nvidia also recently closed an agreement with Intel to invest 5,000 million dollars in the American chip manufacturer.
Openai obtained additional billions from Oracle and SoftBank to finance its ambitious Stargate Data Center project in the US.
For his part, Anthropic, OpenAi competitor, received large investments from Google and Amazon.
The demand for computing with AI increases ‘substantially’
In his interview with CNBC, Huang also said that, in the last six months, the demand for computing has increased “substantially.”
“Artificial intelligences (AI) are intelligent enough for everyone to use them,” said the executive director.
Regarding which country the AI career is winning, Huang said that the United States “is not far ahead” of China at this time, since “Beijing is very much in front of energy” and is developing the necessary to support the AI much faster than the United States.
With EFE information
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