OpenAI has struck a deal with AMD that allows the AI company to take a 10% stake in the chipmaker, while deploying 6 gigawatts of AMD's Instinct GPUs over the coming years. This partnership, which includes a warrant for up to 160 million shares, is set to alleviate OpenAI's compute power limitations and positions AMD as a key player in the AI industry. The deal also reflects the evolving interdependencies in the AI supply chain, with OpenAI actively building its infrastructure capabilities.