Published: October 16, 2025 at 5:13 pm
A flurry of deals between the makers of artificial intelligence tools and the companies which design and manufacture the chips which deliver computing power is concerning.
That’s the view of Bill Conner, president and CEO of Jitterbit, a Dallas-based automation platform with AI accountability at its core.
Last week OpenAI and AMD announced that they had signed a multi-billion-dollar chip deal that would give OpenAI founder Sam Altman the option to buy 10% in the chipmaker.
The latest deal is among a string of investment commitments which highlight the broader AI industry’s appetite for computing power as companies race toward developing AI technology.
Nvidia has also announced it would invest $100bn in OpenAI, forging a close alliance between two of the leading firms in AI.
With new alliances in this AI arms race, we have to consider the risks that this race brings, says Conner.