The OpenAI and Nvidia $100b not-a-deal is off (pivot-to-ai.com)

submitted 3 weeks ago by dgerard@awful.systems to c/techtakes@awful.systems

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a mere memorandum of understanding

https://www.youtube.com/watch?v=JSUjc6XR_Vk&list=UU9rJrMVgcXTfa8xuMnbhAEA - video
https://pivottoai.libsyn.com/20260205-the-openai-and-nvidia-100b-not-a-deal-is-off - podcast

time: 5 min 58 sec

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[-] corbin@awful.systems 9 points 3 weeks ago

Yesterday I pointed out that nVidia, unlike OpenAI, has a genuine fiduciary responsibility to its owners. As a result, nVidia isn't likely to enter binding deals without proof of either cash or profitability.

[-] dgerard@awful.systems 8 points 3 weeks ago

On the other hand, Nvidia is doing some very questionable circular looking deals.

On the other other hand, Jensen knows precisely how to surf a bubble while it's bubbling, he's done it before. When you do stupid shit and the number goes up, shareholders don't have a lot to get aggrieved about.

this post was submitted on 05 Feb 2026

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