News for hackers. Stuff that matters.

A comment on AMD signs AI chip-supply deal with OpenAI, gives it option to take a 10% stake. Parent comment

Re:AMD signs AI chip-supply deal with OpenAI, gives it optio... by rhetocj23 on Monday October 06, 2025 @10:47AM (#45492018)
Theres a phrase for this. Financial engineering.
[ Parent | on HN ]
Re:AMD signs AI chip-supply deal with OpenAI, gives it optio... by zerosizedweasle on Monday October 06, 2025 @01:03PM (#45493484)
In other words they are stealing capital from the rest of the economy. Starving it.
[ Parent | on HN ]
Re:AMD signs AI chip-supply deal with OpenAI, gives it optio... by CuriouslyC on Monday October 06, 2025 @01:17PM (#45493656)
The difference this time is that it's global coordinated collusion, and it's not just the superwealthy, it's states that are willing to go all in on this. If you thought the banks were too big to fail, the result here is going to be a nationalization of AI resources and doubling down.
[ Parent | on HN ]