What does the disappearance of a $100bn deal mean for the AI economy?

Apparent collapse of Nvidia-OpenAI tie-up raises questions about circular funding and who will bear the cost of AI's expansion

Did the circular AI economy just wobble? Last week it was reported that a much-discussed $100bn deal - announced last September - between Nvidia and OpenAI might not be happening at all.

This was a circular arrangement through which the chipmaker would supply the ChatGPT developer with huge sums of money that would largely go towards the purchase of its own chips.