nvidia's $100b investment in openai raises concerns about circular financing - Analysts ask 'circular financing' questions as Nvidia invests $100 billion in OpenAI
Nvidia announced Monday it will put up to $100 billion into OpenAI, the company behind ChatGPT, sparking fresh debate about whether the artificial intelligence industry has grown too hot, way too fast.
According to an earlier Cryptopolitan report, the massive investment will help OpenAI expand its network of data centers filled with Nvidia’s specialized computer chips. However, market watchers are raising red flags about what they call “circular” financing, where Nvidia invests