Nvidia does not meet OpenAI's 100 billion
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A few months ago, Nvidia announced a billion-dollar investment in OpenAI. The CEO of the GPU maker now says the deal was not actually binding and that he will not fulfill it.
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Nvidia breaking funding promises, Microsoft losing 10% in stock market due to poor outlook for Azure and its AI investments, Oracle laying off 30,000 workers because banks have pulled back on funding for AI data centers, Deutsche Bank and Morgan Stanley trying to cover their backs on debt they've taken on to fund AI data centers... this is starting to smell a little fishy.
