AMD → OpenAI: amount not disclosed investment
AMD gives OpenAI warrants for up to 10%. Warrants for up to 160 million AMD shares at $0.01, vesting in tranches tied to installed GW and price thresholds (the last at $600); exercisable until 05/10/2030.
- Date
- Oct 6, 2025
- Paid by
AMD- Received by
OpenAI- Type
- Investment
- Amount
- amount not disclosed
- Status
- announced
- Note
- warrants for up to 160 million shares (~10%) at $0.01
Sources
Press coverage
- Oct 21, 2025 Seeking Alpha AMD's OpenAI Deal Won't Catch Nvidia, But It Could Still Power The Stock Higher
All deals between AMD and OpenAI
- Oct 6, 2025 OpenAI → AMD · OpenAI-AMD: 6 GW of Instinct GPUs n/a
- Oct 6, 2025 AMD → OpenAI · AMD gives OpenAI warrants for up to 10% n/a
More AMD / OpenAI deals
- Oct 28, 2026 OpenAI wants to buy Google TPUs n/a
- Sep 28, 2026 AMD buys World Labs for $8.2 billion $8.2B
- Aug 17, 2026 OpenAI leases 8 GW Ohio campus for 20 years n/a
- Jul 22, 2026 Anthropic: 2 GW of AMD MI450 GPUs n/a
- Jul 22, 2026 AMD to invest up to $5 billion in Anthropic $5B
- Jul 22, 2026 Project Camellia: $20 billion campus in Georgia n/a
- Jun 5, 2026 OpenAI proposes 5% stake to US government n/a
- May 11, 2026 TPG leads $4 billion into OpenAI's DeployCo $4B
- Apr 27, 2026 Microsoft-OpenAI: amended deal ends exclusivity n/a
- Mar 24, 2026 Microsoft joins $122 billion round n/a
- Mar 19, 2026 Samsung sole HBM4 supplier for OpenAI chip n/a
- Mar 18, 2026 Samsung to be AMD's main HBM4 supplier n/a