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Flurry of Circular Deals
The Wall Street Journal asks Is the Flurry of Circular AI Deals a Win-Win—or Sign of a Bubble?
In the the strategic partnership announced in September by Nvidia and OpenAI, the company behind ChatGPT, Nvidia would invest as much as $100 billion in OpenAI, and that OpenAI is looking to buy millions of Nvidia’s specialized chips.
OpenAI recently agreed to buy $300 billion of computing power from Oracle over about five years. It is far from clear how OpenAI will get all the money, or whether it would still be possible should Nvidia’s $100 billion investment fail to…
Read the full article at ACTIVISTPOST.COM
