OpenAI, Nvidia Fuel $1 Trillion AI Market With Web of Circular Deals

The article discusses the growing concerns surrounding the trillion-dollar AI market, which is being fueled by a web of circular deals and partnerships between major tech companies like OpenAI and Nvidia. The article highlights that the rapid growth of the AI industry is not solely driven by genuine technological advancements, but also by a complex network of business transactions between these companies. This raises questions about the sustainability and legitimacy of the AI market's valuation. The article suggests that the interconnected nature of these deals and partnerships raises the risk of a potential bubble, as the success of one company may be heavily dependent on the success of its partners. This interdependence could lead to a domino effect if any of the key players were to experience financial difficulties. The article underscores the need for greater transparency and scrutiny of the AI industry to ensure that its growth is driven by genuine innovation and not just by a web of circular deals.