To answer the second. Nvidia today announced the $100,000,000,000 investment in OpenAI. On the face of it because AI is coming and this will secure them a larger chunk of the pie.
In reality, it’s probably a grift so OpenAI can go to other investors and say “look, we’re getting so much money, get on board or miss out” and then buy even more Nvidia product with even more investor money to keep the circle going.
What is Oracle’s involvement in this?
And why does Nvidia pay back money to OpenAI?
To answer the first question myself:
Oracle is setting up infrastructure for OpenAI, notably via Stargate partnership.
To answer the second. Nvidia today announced the $100,000,000,000 investment in OpenAI. On the face of it because AI is coming and this will secure them a larger chunk of the pie.
In reality, it’s probably a grift so OpenAI can go to other investors and say “look, we’re getting so much money, get on board or miss out” and then buy even more Nvidia product with even more investor money to keep the circle going.
I see. Thanks.