OpenAI signs $38 billion compute deal with Amazon, partnering with cloud leader for first time

https://lemmy.dbzer0.com/post/56889805

OpenAI signs $38 billion compute deal with Amazon, partnering with cloud leader for first time - Divisions by zero

Lemmy

This at the moment is a clear Ponzi scheme.

OpenAI or Nvidia announces some partnership or a deal for X amount of billions. As a result the valuation of the recipient company goes straight to the sky, increasing the market valuation of said company X-times more.

And then try to tell me this isn’t a bubble.