OpenAI's $300B bubble: The AI circular economy rewiring Wall Street finance

OpenAI has set in motion a $300 billion hardware expansion that binds its chip suppliers, financiers, and energy providers into a single feedback loop. The company has locked in multi-year agreemen...

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OpenAI's $300B bubble: The AI circular economy rewiring Wall Street finance

Source: CryptoSlate

OpenAI has set in motion a $300 billion hardware expansion that binds its chip suppliers, financiers, and energy providers into a single feedback loop. The company has locked in multi-year agreements with AMD and Broadcom to deliver tens of millions of AI accelerators between 2026 and 2029, deals that together represent roughly 16 gigawatts of […]