AI
Nvidia’s OpenAI deal fuels ‘circular’ financing concerns
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Three years after OpenAI and Nvidia Corp. helped kick off the global artificial intelligence frenzy, the two firms are joining forces to pave the way for a more costly phase of development with a deal that’s quickly revived fears of an AI bubble.
Nvidia on Monday said it will invest as much as $100 billion in OpenAI to help the ChatGPT maker support a massive build-out of data centers equipped with Nvidia’s chips — a deal that some analysts say raises questions about whether Nvidia is investing heavily to prop up the market and keep companies…
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