GM! โ Beware of AI companies! ๐
Oracle says OpenAI committed $300B for cloud compute โ Oracle stock jumps 36% (best day since 1992)
Oracle runs on Nvidia GPUs โ 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. ๐