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OpenAI, Nvidia Fuel $1 Trillion AI Market With Web of Circular Deals

Bloomberg reports that a wave of deals and partnerships are escalating concerns that the trillion-dollar AI boom is being propped up by interconnected business transactions.
OpenAI, Nvidia Fuel $1 Trillion AI Market With Web of Circular Deals
Two weeks ago, Nvidia Corp. agreed to invest as much as $100 billion in OpenAI to help the leading AI startup fund a data-center buildout so massive it could power a major city. OpenAI in turn committed to filling those sites with millions of Nvidia chips. The arrangement was promptly criticized for its “circular” nature. This week, undeterred, OpenAI struck... ...

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