Jensen Huang explains why the AI economy won’t crash like 2000

Earlier this week, AMD and OpenAI announced a bombshell partnership worth tens of billions of dollars, which will see AMD provide 6 gigawatts of computing power — via its Instinct AI GPUs — for the ChatGPT creator’s next-gen AI infrastructure.

As part of the terms of the contract, OpenAI will buy the specialized Instinct chips and will have the opportunity to receive up to a 10% stake in AMD.