San Francisco, CA – OpenAI Chief Executive Sam Altman has indicated that additional significant infrastructure deals are forthcoming, following substantial agreements with major technology firms including Nvidia, AMD, Oracle, and SoftBank for advanced AI compute capacity. Altman stated on the a16z Podcast, "You should expect much more from us in the coming months," signaling a continued aggressive expansion strategy for the AI model developer.
This announcement follows a period of extensive deal-making for OpenAI. In 2025, the company has commissioned ten gigawatts of U.S. facilities through its $500 billion "Stargate" deal with partners Oracle and SoftBank, in addition to a $300 billion cloud agreement with Oracle. Further partnerships include at least ten gigawatts of AI data centers with Nvidia and six gigawatts with AMD, alongside data center expansions in the U.K. and other European commitments. Bloomberg reported estimates suggesting OpenAI has inked approximately $1 trillion worth of such deals this year.
Nvidia’s involvement includes an investment of up to $100 billion in OpenAI, making Nvidia a shareholder in the AI startup. Nvidia CEO Jensen Huang confirmed that his company would begin direct sales of AI gear, including systems and networking beyond GPUs, to OpenAI. Huang stated this move is intended to "prepare" OpenAI to become its own "self-hosted hyperscaler," operating its own data centers. Huang estimated that each gigawatt of AI data center infrastructure could cost OpenAI between $50 billion and $60 billion.
Separately, OpenAI’s deal with AMD involves AMD granting OpenAI large tranches of its stock, potentially up to 10% of the company, contingent on factors such as stock price increases. In exchange, OpenAI will utilize and contribute to the development of AMD’s next-generation AI GPUs, making OpenAI a shareholder in AMD. Huang, appearing on CNBC’s Squawk Box, indicated he was not aware of the AMD deal before its public announcement. Both the Nvidia and AMD arrangements have faced criticism for their "circular" financing structures, as reported by Bloomberg, where the chip manufacturers are seen as effectively underwriting OpenAI’s hardware acquisitions.
Altman’s rationale for this expansive infrastructure bet stems from a conviction that OpenAI’s future models and products will be significantly more capable, driving increased demand. He stated, "we have decided that it is time to go make a very aggressive infrastructure bet." While OpenAI’s revenue reportedly reached $4.5 billion in the first half of 2025, the scale of these investments significantly surpasses current earnings. Altman emphasized the necessity of broad industry collaboration, noting, "To make the bet at this scale, we kind of need the whole industry, or big chunk of the industry, to support it."
