GM! β Beware of AI companies! π
Oracle says OpenAI committed $300B for cloud compute β Oracle stock jumps 36% (best day since 1992)
Oracle runs on Nvidia GPUs β has to buy billions in chips from Nvidia
Nvidia just announced they're investing $100B into OpenAI
OpenAI uses that money to... pay Oracle... who pays Nvidia... who invests in OpenAI. π
