Nvidia invests $2B to help debt-ridden CoreWeave add 5GW of AI compute
CoreWeave will also integrate Nvidia’s products across its platform, including the new Rubin chip architecture.
circular deals
Amazon reportedly in talks to invest $10B in OpenAI as circular deals stay popular
Amazon is in early discussions to invest as much as $10 billion in OpenAI in a deal that would see the AI lab using the e-commerce giant’s AI chips.
OpenAI’s investment into Thrive Holdings is its latest circular deal
Analysts will be watching to see if Thrive-owned firms actually succeed in building long-term profitable businesses using OpenAI’s tech, or if the result is really just pumped up valuations based on speculative market potential.