The Rundown OpenAI Strikes Massive Deal with AMD, Tesla Unveils New Vehicle Teaser Video
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Oct 6, 2025 Exciting developments unfold as OpenAI strikes a monumental deal with AMD, expected to significantly boost AMD's revenue and shake up the market dynamics. Meanwhile, Tesla teases a new vehicle, leaving fans speculating about its next big release. The podcast also dives into the trends of banking mergers and Aston Martin's challenges, highlighting how regional banks may consolidate for competitiveness. Plus, a nostalgic look at the Celtics' IPO history adds a layer of sports finance intrigue!
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OpenAI's AMD Bet Shakes GPU Market
- OpenAI signed a five-year deal to buy six gigawatts of AMD's new MI450 chips, threatening NVIDIA's AI chip dominance.
- The deal includes warrants up to 160 million AMD shares, potentially giving OpenAI ~10% ownership of AMD.
NVIDIA Keeps Majority Share Despite Shakeup
- NVIDIA still controls roughly 70% of the AI chip market despite the AMD deal shaking perception of dominance.
- OpenAI's scramble for chips highlights enormous demand and the industry's thirst for more supply sources.
Circular Financing Concerns In AI Deals
- The AMD deal complicates NVIDIA's recent $100 billion investment talks with OpenAI and raises circular financing questions.
- Observers worry OpenAI might use other partners' funds to buy competing chips, creating awkward financing loops.