tech
Nvidia reignites "circular" AI concerns
The chip giant appears poised to tighten its ties with OpenAI as it reportedly explores a deal to backstop financing for a massive data center to power the ChatGPT maker's ambitions.
TL;DR
- Nvidia is reportedly exploring a deal to guarantee $250 billion in financing for an OpenAI data center project in southern Ohio.
- The company is also reportedly considering financing OpenAI's purchase of $350 billion in Nvidia chips.
- These potential 'circular' deals have raised concerns about systemic financial risks in the AI economy.
- The Ohio data center is being developed by an arm of SoftBank and will be located on federal land.
- Nvidia also announced an investment in and partnership with Safe Superintelligence, a new firm founded by OpenAI co-founder Ilya Sutskever.