Here’s how Nvidia could actually wind up owning part of AMD:
#nvidia #amd #openai
Transcript:
Daniel Newman: The most interesting thing may be that Nvidia could end up owning part of AMD because of its ownership now in OpenAI. This is a complicated deal if you look at how it sits compared to Nvidia. Nvidia wrote a check, Nvidia wrote a check and said basically. And of course, no specific round tripping. It didn’t say you had to buy NVIDIA. And everyone thought, well, OK, it’s a circular thing. And now you’ve got a very different structural deal. You’ve got OpenAI basically committing to use Helios. That’s the RAC scale, the biggest, you know, my 450. That’s the top end AMD GPU cluster and RAC scale systems. And they’re going to build out and then they’re going to get stock warrants. They’re going to basically get warrants. And they’re basically as AMD’s valuation grows OpenAI’s the value of the stock. They’re going to get the grants they’re going to get for building out with AMD go up. So it’s a really interesting, very unique and different way to approach this. And the most interesting thing may be that Nvidia could end up owning part of AMD because of its ownership now in OpenAI. So there is a big circle going on, but that doesn’t mean, the demand isn’t real, do you.
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