Just FYI the previous deal was $100 billion, will we see the bubble pop soon? Can I buy RAM or any fricking component now?
I hope it pops, but everyone is misquoting Nvidia. Pretty sure they said they will invest up to 100 billion, they never said a time frame and the wording implies that investment would be spread over time.
Still f ngreedia and closedai
Infinite funding.
Now OpenAI can use this money that doesn’t exist to build datacenters that no one wants built powered by infrastructure that doesn’t exist, so they can offer a product no one wants to chase revenue that is impossible.
Isn’t OpenAI also investing heavily into Nvidia? How the hell does that work? They’re just circulating money around?
The full circle is actually Nvidia for the hardware, OpenAI for the software, Oracle for the infrastructure provider for the datacenters, and SoftBank for the financial support. Each one injects money into the other, it’s called round tripping and it’s the same thing that happened during the dot com burst.
Company A “buys” hardware from Company B. Company B simultaneously “invests” in infrastucture from Company A. Both record revenue — even though no real demand existed. The difference is that in reality this circle consists of various companies.
