Reported about 5 hours ago
Nvidia's recent announcement to invest up to $100 billion in OpenAI has raised concerns about potential 'circular' financing in the AI sector. Analysts fear that this substantial investment may be aimed at propping up market dynamics, especially as Nvidia has been heavily involved in AI ventures. Although the deal is poised to enhance OpenAI's capabilities, doubts persist about the industry's sustainability and the looming risk of an AI bubble similar to past market crashes.
Source: YAHOO