At the same moment Nvidia CEO Jensen Huang was expressing surprise over OpenAI’s multibillion-dollar deal with AMD, Sam Altman was signalling that more partnerships of similar scale are on the horizon.

Appearing on CNBC’s Squawk Box on Wednesday, Huang admitted that he had not been aware of the AMD deal before it was announced. “Not really,” he said when asked if Nvidia had prior knowledge. Advertisement

The OpenAI-AMD deal stands out as a rare move in the AI hardware race. Under the agreement, AMD will grant OpenAI stock worth up to 10 percent of the chipmaker’s value, depending on milestones such as stock performance and development progress. In return, OpenAI will use and help refine AMD’s next-generation AI GPUs. This effectively makes OpenAI a shareholder in AMD.

Meanwhile, Nvidia

See Full Page