The company provided OpenAI with warrants for 160 million AMD shares; These guarantees will be phased in if certain conditions are met, including an increase in the share price. The final stage depends on whether $600 per share is reached.
If all conditions are met and OpenAI holds the shares until the end of the transaction, they could be worth around $100 billion, which could cover the cost of purchasing a large chunk of GPUs. But analysts say it’s more likely that OpenAI will gradually sell shares to cover costs.
However, other experts state that the conditions are less advantageous compared to the OpenAI-Nvidia partnership.
Source: Ferra
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