Five months later, Nvidia's $100 billion OpenAI investment plan has fizzled out
Two AI giants shake market confidence after investment fails to materialize.
https://arstechnica.com/information-technology/2026/02/five-months-later-nvidias-100-billion-openai-investment-plan-has-fizzled-out/?utm_brand=arstechnica&utm_social-type=owned&utm_source=mastodon&utm_medium=social
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@arstechnica I'll take "Literally everybody saw that coming" for $100, Alex.
"Circular financing fraud fails to find customers, employees, or investors to support itself."
https://www.bloomberg.com/graphics/2026-ai-circular-deals/
https://arstechnica.com/ai/2025/10/ars-live-recap-is-the-ai-bubble-about-to-pop-ed-zitron-weighs-in/
https://graceblakeley.substack.com/p/the-ai-circular-economy
https://www.noahpinion.blog/p/should-we-worry-about-ais-circular
https://www.theatlantic.com/economy/2025/12/nvidia-ai-financing-deals/685197/
https://en.wikipedia.org/wiki/AI_bubble
Oil oligarchs will continue to fund AI in hopes it will destroy any democracy acting on climate.
@arstechnica One of the largest financial circle-jerks of recent memory. Honestly, I can't wait for the AI bubble to finally burst.
@arstechnica eventually even the happiest round tripping among friends turns testy...
@arstechnica itshappening.jpg