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On Monday, OpenAI and semiconductor manufacturer AMD revealed that they have entered into a multi-billion dollar agreement concerning chips, which will allow the creators of ChatGPT to purchase significant equity stakes in the chipmaker.

This arrangement provides OpenAI the chance to acquire 10% of AMD, reflecting substantial confidence in the company’s AI chips and software. Following the announcement, AMD’s stock soared by over 30%, contributing approximately $800 billion to its market capitalization.

“We are excited to announce our dedication to delivering a variety of services to our clientele,” stated Forest Norod, AMD’s Executive Vice President.

These recent investment commitments underscore OpenAI’s significance, as the increasing demands of the AI sector drive companies to advance AI technologies that rival or surpass human intelligence. OpenAI’s CEO, Sam Altman, pointed out that the primary limitation on the company’s expansion is access to computing resources, particularly extensive data centers equipped with advanced semiconductor chips. Last week, Nvidia declared a $100 billion investment in OpenAI, further solidifying the collaboration between these leading AI firms.

The agreement announced on Monday encompasses the deployment of hundreds of thousands of AMD AI chips or graphics processing units (GPUs) totaling 6 gigawatts over several years, starting in the latter half of 2026. AMD confirmed that OpenAI will establish a 1 Gigawatt facility utilizing the MI450 series chips beginning next year.

Additionally, AMD issued a warrant that enables OpenAI to purchase up to 160 million shares of AMD at just one cent each during the course of the chip trading.

AMD’s executives anticipate that this transaction will result in tens of millions of dollars in annual revenue. Due to the expected ripple effects of this contract, AMD has projected more than $100 million in new revenue over four years from OpenAI and other clientele.

“This marks a trailblazing initiative in an industry poised to significantly influence broader ecosystems, attracting others to join,” remarked Matt Hein, AMD’s Head of Strategy.

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This agreement with AMD is expected to significantly bolster OpenAI’s infrastructure to fulfill its operational requirements, Altman confirmed in a statement.

However, it remains unclear how OpenAI plans to finance this substantial deal with AMD. According to media reports, the deal is estimated to be worth around $500 million, yielding approximately $4.3 billion in revenue in the first half of 2025 while burning through $2.5 billion in cash.

Source: www.theguardian.com

World Liberty Financial, a cryptocurrency initiative by the Trump family, launched its digital token on Monday, which reportedly added around $5 billion in paper wealth to the family’s fortune. The token, named $WLFI, experienced a drop in value on its opening day.

The global Liberty Token was introduced to investors following the Trump family’s partnership with business associates to create a decentralized finance platform last year, which issued Stablecoin intended to stabilize its price by pegging it to a specific asset.

Investors in the token will have the opportunity to vote in July to permit trading, which may enhance the value of the president’s assets.

According to World Liberty, early backers can liquidate up to 20% of their holdings. The token debuted trading above $0.30 on Monday, but its price subsequently declined to $0.20. Data from CoinMarketCap indicates that nearly $1 billion worth of tokens were exchanged within the first hour of trading.

This brings the token’s market capitalization to below $7 billion, classifying it as the 31st largest cryptocurrency in circulation, as per analytics from Coingecko.

Major global cryptocurrency exchanges such as Binance, OKX, and Bybit are listing $WLFI tokens on their platforms.

Since the inception of World Liberty last year, the Trump family is reported to have earned approximately $500 million from the venture, according to calculations by Reuters, which are based on contract terms, transactional data from crypto analysis firms, and publicly available records.

Holding around 25% of the global Liberty tokens has reportedly contributed about $5 billion to the Trump family’s wealth, as noted by the Wall Street Journal. World Liberty states that Trump himself possesses an unspecified amount, referred to on the company’s site as “co-founder honor,” but, like other team members, including his son, he is prohibited from selling them. Trump utilized the Oval Office to advocate for U.S. regulations favorable to the industry.

On the initial sale, the tokens were non-tradable. Instead, they granted holders voting rights for various business modifications, including adjustments to the underlying code. Early investors highlight that the primary allure of $WLFI lies in its association with Trump, fostering expectations that its value will appreciate through his endorsement.

Making the tokens tradable allows investors to set prices, speculate effectively, accrue trading fees for exchanges that list them, and draw the interest of a broader spectrum of cryptocurrency investors compared to when they were solely personally accessible.

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World Liberty and other Trump-backed cryptocurrency endeavors exemplify a significant conflict of interest as the president revises regulatory frameworks governing digital currency, which has drawn criticism from Democrats and ethics experts regarding Trump’s involvement in cryptocurrency enterprises.

The White House has consistently asserted that Trump’s assets are managed through a trust, claiming there is no conflict of interest.

February 2026