AI money flow

Content:

Original link: Nvidia’s $100 billion OpenAI investment raises eyebrows and a key question: How much of the AI boom is just Nvidia’s cash being recycled? / Fortune / Yahoo Finance.

So:

NVidia invest 100 B$ in OpenAI
OpenAI buy cloud service for 100 B$ from Oracle
Oracle buy GPU's for its cloud service from NVidia

In other news Oracle will need to borrow 100 B$ themselves to finance the AI cloud services for OpenAI - TheRegister.

Lot of money flowing around.

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