Nvidia and OpenAI are mostly performing for the algorithm
If Monday’s deal seems performative, perhaps that’s the point
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Partnership will support huge build-out of data centres for artificial intelligence
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New revenue lines, debt partnerships and further fundraising targeted to cover enormous costs
OpenAI wants to own it all
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Nvidia’s exuberant valuation is a tomorrow problem
Crude measures do not capture what happens in the more distant future, which matters greatly to the company’s worth
OpenAI shunned advisers on $1.5tn of deals
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Revenge against the banking nerds is near
With progress in AI, the showhorses may yet eclipse the more technically skilled workhorses