a mere memorandum of understanding
https://www.youtube.com/watch?v=JSUjc6XR_Vk&list=UU9rJrMVgcXTfa8xuMnbhAEA - video
https://pivottoai.libsyn.com/20260205-the-openai-and-nvidia-100b-not-a-deal-is-off - podcast
time: 5 min 58 sec
less non-existent money going into OpenAI is always something I’ll take
Yesterday I pointed out that nVidia, unlike OpenAI, has a genuine fiduciary responsibility to its owners. As a result, nVidia isn’t likely to enter binding deals without proof of either cash or profitability.
On the other hand, Nvidia is doing some very questionable circular looking deals.
On the other other hand, Jensen knows precisely how to surf a bubble while it’s bubbling, he’s done it before. When you do stupid shit and the number goes up, shareholders don’t have a lot to get aggrieved about.
https://www.wsj.com/tech/ai/the-100-billion-megadeal-between-openai-and-nvidia-is-on-ice-aa3025e3
This is the original source the podcast cites if anyone wants the information faster.
