Nvidia, Microsoft, and OpenAI: This Chart Captures AI’s ‘Circular Financing.’
1. Nvidia's $100 billion investment in OpenAI boosts AI industry's circular economy. 2. Data centers and chip sales connect Nvidia with partners like Microsoft and Oracle. 3. Morgan Stanley questions transparency in AI financial dealings and revenue reports. 4. Nvidia benefits from CoreWeave's capital spending on its hardware. 5. Analysts note complexities could obscure true demand for AI technologies.