Do Openai's Multibillion-Dollar Deals Mean Exuberance Has Got Out of Hand?
Posted3 months agoActive3 months ago
theguardian.comOtherstory
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OpenaiAI InvestmentsTech Valuation
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The article questions whether OpenAI's multibillion-dollar deals are a sign of exuberance in the AI industry, with the sole commenter expressing skepticism about the valuations.
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MindBreaker2605
3 months ago
What's happening right now with Openai and these big tech deals is a simple chicken and egg problem
Openai needs GPUs, Nvidia gives GPUs and calls it an "investment", both their valuations shoot up, AMD and Oracle jump in too same play.
It's all "you boost my value, I boost yours," and suddenly everyone's rich on paper. But heres the catch if even one of these deals cracks, the whole thing could blow up like an overhyped balloon.
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