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Reports Cloud NvidiaOpenAI Deal as Market Questions AI Spending

New reporting points to a reduced OpenAI stake, sharpening questions over how the AI buildout gets financed.

Overview

  • Yahoo Finance reports that Nvidia’s previously floated plan to invest up to $100 billion in OpenAI has stalled, with current discussions said to center on a smaller equity stake in the tens of billions.
  • Jensen Huang has privately emphasized the $100 billion figure was non‑binding and has voiced concerns about OpenAI’s business discipline and staying power against Google and Anthropic, according to the same reporting.
  • Analysts and investors are expressing concern that AI infrastructure costs are outpacing revenue, pushing companies to raise debt and issue stock to fund expansion.
  • Nvidia remains the leading supplier of high‑performance GPUs that power AI workloads and are widely deployed in major data centers.
  • TV host Jim Cramer described Nvidia shares as a “coiled spring,” noting a roughly 24x earnings multiple and a gain of more than 55% over the past year, and he framed the pause as a potential buying opportunity.