Robert Cylan
Shareholders supported Chip Titan's pledge to invest in Openai in return for their orders, raising its value to $150 BLN. Such transactions like Ouroboros eventually begin to justify themselves. Unprofitable chatgpt makers are entangled with their suppliers as their fate is inexplicable.
The full view will be released soon.
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Context News
Nvidia said on September 22 that it agreed to invest up to $100 billion in Openai. Under the partnership between the two companies, as Openai builds a data center based on the NVIDIA system, the money will be invested in stages and capacity of at least 10 gigawatts is assumed under the contract.
The partnership complements other agreements between companies and their network of partners, including Microsoft, Oracle and SoftBank, Nvidia said.
The agreement includes two separate intertwined transactions, Reuters reported citing sources familiar with the issue. Openai pays Nvidia in tip cash. Nvidia then invests in Openai and receives uncontrolled stocks.
On September 15, CoreWeave said it had signed an order of $6.3 billion with NVIDIA. Under this condition, Chipmaker will purchase cloud capacity that data center operators cannot sell to customers.
In March, CoreWeave announced an agreement to provide OpenAI with compatible cloud computing power of up to $11.9 billion. As part of that transaction, CoreWeave issued $350 million in shares to ChatGPT developers.
Nvidia is also an investor in CoreWeave.
