Yes, NVIDIA Must Invest in OpenAI
In order to keep the AI game of musical chairs going, NVDA must invest in OpenAI
OpenAI drives more GPU consumption than any other company at this point. NVIDIA (NVDA) must “invest” in, or subsidize OpenAI unless Jensen wants to see his equity get cut in half, or worse.
The circular financing dynamic here is wild. OpenAI needs capital to buy NVDA chips, NVDA potentially invests inOpenAI to keep demand high, which creates more chip orders. It's like a self-referential loop that works until someone realizes the music stopped. Classic late-cycle stuff where the vendor becomes the funder.