Nvidia halves its OpenAI backstop to $120B as Anthropic’s revenue laughs off the bubble chatter
Nvidia has reduced its financial backstop for OpenAI's AI infrastructure projects from $250 billion to under $120 billion, citing investor concerns about risk exposure. This move comes as Anthropic reports significant revenue growth, doubling its quarterly earnings and projecting substantial future revenue, creating a divergence between supplier caution and customer growth narratives.
- Entities
- Topic: Artificial Intelligence
- Company: OpenAI
- Company: Anthropic
- Company: SB Energy
- Topic: Financial Markets
- Company: SoftBank
- Company: NVIDIA
- Topic: Venture Capital
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