Nvidia dramatically reduces amount of OpenAI infra financing it may guarantee(reuters.com)
245 points by root-parent 5 days ago | 151 comments
tl;dr: Summary not available
HN Discussion:
  • Headline is poorly worded and mangled
  • Deal was never actually signed, adding context about scale of infrastructure
  • Nvidia is becoming a risky financing entity beyond its chip business
  • ~The scaled-back backstop may still be a profitable arrangement for Nvidia
  • This reflects broader circular AI financing problems and bubble dynamics