NVIDIA’s $100 Billion OpenAI Deal In Focus: Are We In an AI Bubble?

NVIDIA’s $100 Billion OpenAI Deal In Focus: Are We In an AI Bubble?

NVIDIA (Nasdaq: NVDA) kicked off a historic wave of deals with OpenAI on September 22nd when the company announced it was investing up to $100 billion into OpenAI as part of a new partnership. In return, OpenAI committed to buying 10 gigawatts worth of NVIDIA chips.  That deal kicked off a flurry of announcements. OpenAI later announced a deal with AMD (Nasdaq: AMD) for 6 gigawatts worth of chips, a deal with Oracle (Nasdaq: ORCL) for another 10…