Why Sam Altman Won’t Be On The Hook For OpenAI’s Massive Spending Spree

OpenAI has gone wild with compute deals this year, committing to spend far more than its balance sheet can currently sustain. So who takes the fall if it can’t pay? It won’t be Altman.

SoftBank Just Sold Its Entire Nvidia Stake to Bet Big on OpenAI

SoftBank unloaded $5.8 billion in Nvidia shares as part of a broader $40 billion bet on OpenAI, fueling fears of an AI bubble.

Softbank sells entire $5.8B Nvidia stake as it goes ‘all in’ on OpenAI bet

Softbank has dumped its entire $5.83 billion stake in AI chip supplier Nvidia as it pours more resources into its “all-in” bet on Sam Altman’s OpenAI.

Has Sam Altman Made OpenAI Too Big to Fail?

That's how much OpenAI, under Chief Executive Sam Altman, has signed up to pay Nvidia and Oracle in the years ahead. Its prospective outlay could be closer to $1 trillion if deals with AMD, Broadcom,

NVIDIA Shares Dropped 7% This Week: 3 Catalysts For the Fall

Shares of NVIDIA (Nasdaq: NVDA) dropped 7.1% this week, sinking sharply after hitting a high of $211.34 on Monday morning. Yet, even with the losses, NVIDIA shares had quickly plummeted into correction territory midday Friday.
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