Nvidia and OpenAI: Is the Tech Boom Eating Itself
Nvidia and OpenAI: Is the Tech Boom Eating ItselfChris Newman3 min read·Just nowJust now--I’ll sum up immediately: I don’t know if the AI boom is a bubble (and neither does anyone else), but Nvidia’s announced $100B investment in OpenAI doesn’t tell us anything one way or the other.I was greeted the other day by a torrent of posts on BlueSky suggesting that tech is finally feeding itself by vomiting into its own mouth in a dangerous trend toward vendor financing, and an economy of rich people passing each o ...