Nvidia Reportedly Moves to Backstop $250 Billion in OpenAI Data Center Financing, Michael Burry Says, 'Around and Around We Go'
Michael Burry and Ed Zitron questioned Nvidia's reported $250 billion financing backstop for OpenAI, warning of rising AI bubble risks.
Nvidia might be helping OpenAI borrow money for huge computer projects, but some smart investors worry this shows AI companies are spending way too much money too fast. When you see big money flowing into one area super quickly, it's worth wondering if companies are really making profits or just using lots of cash.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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