Recent high-profile AI investments have captured attention, notably Nvidia’s commitment of up to $100 billion in OpenAI and the latter’s promise to purchase $300 billion in computing power from Oracle. Additionally, Oracle has been acquiring substantial chips from Nvidia, fueling speculation about the sustainability of such financial commitments. This raises critical questions: Where is the funding for these massive deals coming from? Could the current AI market be a bubble? Explore these issues in today’s episode, which delves into the dynamics of money flow within the rapidly growing AI sector. Tune in for insights on whether AI is overrated or underrated, as well as the intricate human stories behind OpenAI. For uninterrupted content, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org. Follow us on TikTok, Instagram, and Facebook, and subscribe to our newsletter for more updates.
Source link
Share
Read more