Summary:
OpenAI's DevDay 2025 event features a keynote from CEO Sam Altman and a chat with Jony Ive, attracting over 1,500 developers.
A major AI chip deal with AMD was announced, involving deployment of 6 gigawatts of GPUs and a warrant for up to 160 million AMD shares.
OpenAI President Greg Brockman stated the company needs "as much computing power as we can possibly get," driving infrastructure partnerships.
This deal follows recent agreements with Nvidia and Oracle, highlighting OpenAI's focus on scaling AI infrastructure.
The event is being covered live by CNBC, with parts streamed, emphasizing its importance in the AI and startup ecosystem.
OpenAI DevDay 2025: Key Highlights and Major Announcements
OpenAI's flagship DevDay 2025 event kicked off at Fort Mason in San Francisco, featuring a keynote from CEO Sam Altman and drawing over 1,500 developers. The event showcases the latest advancements from OpenAI's research, product, and engineering teams, with parts streamed live for global audiences.
What You Need to Know
- The event began at 10 a.m. PT/1 p.m. ET with Altman's keynote, setting the stage for major AI innovations.
- A highlight is the closing chat between Altman and Jony Ive, the former Apple design chief, sparking investor curiosity about their collaborative projects.
- OpenAI recently announced a significant AI chip agreement with AMD, following a series of infrastructure deals with companies like Nvidia and Oracle.
OpenAI Strikes Another Big Infrastructure Deal, This Time with AMD
Early Monday, OpenAI revealed a groundbreaking deal with Advanced Micro Devices (AMD), causing AMD's stock to surge over 30%. Under this agreement, OpenAI will deploy 6 gigawatts of AMD's Instinct graphics processing units over several years. Additionally, AMD has issued OpenAI a warrant for up to 160 million shares of AMD common stock, with vesting tied to deployment volume and AMD's share price.
OpenAI President Greg Brockman emphasized the critical need for computing power, stating in an interview with CNBC, "We need as much computing power as we can possibly get."
Altman Teases DevDay in a Post on X
Altman built anticipation for DevDay 2025 with a post on X, written in his characteristic lowercase style, engaging the developer community and highlighting the event's significance.
CNBC’s reporters are covering the OpenAI DevDay event live from San Francisco, with support from staff in Englewood Cliffs, New Jersey.
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