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)
Share this @internewscast.com
One of the leading AI companies globally is gearing up for further expansion following a significant agreement between OpenAI and AMD, a major player in the chipmaking industry. This deal is valued at billions of dollars.
The creators of ChatGPT have significantly boosted AMD’s market value by $96 billion by deciding to purchase 6 gigawatts of AMD’s graphics processing units (GPUs).

“Our collaboration with OpenAI is likely to generate tens of billions in revenue for AMD, while also speeding up OpenAI’s development of AI infrastructure,” stated AMD’s chief financial officer, Jean Hu.

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)
OpenAI has grown massively since being founded in late 2015. (AP)

This deal was announced just days after OpenAI’s CEO, Sam Altman, disclosed plans to establish AI data centers across the globe. These centers could consume up to 10 gigawatts of power, with an existing usage of another 17 gigawatts.

That amount is comparable to the 10 gigawatts New York City uses in the summer and five gigawatts used by San Diego during its 2024 heatwave. 

Experts have also likened the energy consumption used by OpenAI to the amount required by entire countries.

“Ten gigawatts is more than the peak electrical demand of countries like Switzerland or Portugal, and seventeen gigawatts could essentially power both nations at once,” explained Cornell University professor Fengqi You.

This July 13, 2010, file photo, shows an entrance to the Advanced Micro Devices Inc. (AMD) headquarters in Sunnyvale, Calif.
AMD and OpenAI have agreed to a multibillion-dollar deal. (AP)

Andrew Chien, a professor of computer science at the University of Chicago, mentioned to Fortune that the energy usage might match what “the entire economy consumes”.

“I’ve been a computer scientist for 40 years, and for most of that time, computing was the tiniest piece of our economy’s power use.

“A year and a half ago, they were talking about five gigawatts.

“Now they’ve upped the ante to 10, 15, even 17.

“There’s an ongoing escalation.”

Professor Jeannie Patterson from the Centre of AI and Digital Ethics at the University of Melbourne believes there is a growing question of whether we need more powerful AI.

“While there are beneficial applications of this technology, it is frequently used to substitute human labor without providing real benefits to individuals,” she commented.

“Additionally, more generative AI doesn’t necessarily mean more accurate or safer technology.” 

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
OpenAI CEO Sam Altman has attributed the enormous expansion to the explosive growth of AI. (AP)

Altman recently claimed ChatGPT has surpassed 800 million weekly active users.

”More than 800 million people use ChatGPT every week, and we process over 6 billion tokens per minute on the API.”

“Thanks to all of you, AI has gone from something people play with to something people build with every day,” he said.

Share this @internewscast.com
You May Also Like
Prime Minister Anthony Albanese during a press conference at Parliament House in Canberra on Monday 30 March 2026. fedpol Photo: Alex Ellinghausen

Setback Emerges in PM’s National Gun Buyback Initiative

The initiative aimed to facilitate the confiscation and destruction of a significant…
People move about in Sydney CBD retail areas, Thursday October 27, 2022.

Landmark Ruling Secures Pay Boost for Hundreds of Thousands of Australian Workers

Young Australian workers are in line for a pay rise after the…

Beloved Rhoda Roberts’ Legacy Lives on in Country’s Embrace Forever

With respect to Indigenous cultural protocols, SBS/NITV has been granted permission to…
Card surcharge ban 'doesn't pass the pub test', AHA boss says

AHA Chief Criticizes Card Surcharge Ban: Fails to Meet Public Approval Standards

The Reserve Bank has announced an end to surcharges on bank card…

Iran Deems US Peace Proposals ‘Unrealistic’ Amid Trump’s Threat to ‘Obliterate’ Oil Island

In Brief Iran said it had received US peace proposals via intermediaries.…
Viral arrest immortalised in National Film and Sound Archive

Viral Arrest Clip Secures Spot in Australia’s National Film and Sound Archive

Behold, a quintessential piece of Australian history in action. An arrest that…

Australian Court Reignites Adrina Rivas Extradition Battle: Latest Developments Unveiled

Highlights: Rivas’s defence argued that, if extradited, she could be tried for…

Unveiling the Crisis: How Australia’s Neighbors are Grappling with Emerging Challenges

The escalating conflict in the Middle East has prompted calls for Australia…
Trump blasts allies for not helping his war effort

Trump Criticizes Allies Over Lack of Support for His Military Campaign

US President Donald Trump recently vented his frustrations toward allies who have…
petrol has been used to torch three electric cars in Parramatta in a suspected arson attack

Suspected Arson Blaze Destroys Trio of Vehicles at Sydney Tesla Dealership

Authorities are meticulously reviewing CCTV footage in an effort to identify the…
Viral arrest immortalised in National Film and Sound Archive

National Film and Sound Archive Preserves Notable Arrest Video for Historical Record

In a moment that has become a cornerstone of Australian pop culture,…
Thologolong property where Dezi Freeman was killed.

Intensive Police Surveillance Uncovers Fatal Patterns Before Dezi Freeman Shootout

Police were led to double police killer Dezi Freeman by tracking a…