NVIDIA's CEO, Jensen Huang, voiced his astonishment regarding the multi - billion - dollar collaborative venture between Advanced Micro Devices (AMD) and OpenAI, which was unveiled earlier this week. Under this partnership, AMD granted warrants for a maximum of 160 million shares to OpenAI. This grants OpenAI the right to purchase up to 10% of AMD's shares at a mere price of 1 cent per share. The exercise of these warrants is contingent upon the progress of chip deployment as well as the achievement of specific AMD stock - price milestones.
