OpenAI’s latest AI infrastructure deal raises the question: When is enough enough?
Oct 7, 2025
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The high-profile startup announced a multi-billion-dollar partnership with AI chipmaker AMD as part of OpenAI’s ongoing quest to accumulate as much AI infrastructure as possible.
For AMD, it’s a huge win in its fight to gain ground against Nvidia, the dominant player in the space. With its stock surging almost 40% on news of the deal, AMD investors are surely cheering the move. (Fun fact: Nvidia CEO Jensen Huang and AMD CEO Lisa Su are actually related! You can read more about Su here.)
For OpenAI, it adds to the long list of deals it has recently announced. The news follows a $100 billion deal with Nvidia and $300 billion deal with Oracle, both of which came last month.
If you’re wondering why OpenAI is partnering up with every chipmaker under the sun, BI’s Emma Cosgrove and Robert Scammell have you covered.
Still, as BI’s Ellen Thomas smartly points out, there is a key piece of the AI puzzle that’s missing. OpenAI’s massive collection of computing power is useless unless it has the electricity to power it.
The OpenAI-AMD deal also raises a question: When is enough enough?
The mad dash among tech giants to secure AI infrastructure has created the kind of spending spree rarely seen in US history. And it all comes without a clear sign of significant revenue flowing in, writes BI’s Dakin Campbell.
The argument in favor of massive bets on AI infrastructure comes down to a feeling we can all relate to: FOMO (fear of missing out).
If AI changes the world like these tech executives believe it will, that requires an incredible amount of compute power. And if that’s the case, executives want to be well prepared, lest they risk not having enough. OpenAI President Greg Brockman said as much when talking through the AMD deal.
Source:OpenAI’s AI Infrastructure Deals Highlight Big Spend on Compute Power – Business Insider
