WS #12816
Nvidia forms Open Secure AI Alliance with IBM and Red Hat, and is in talks to guarantee $250B financing for OpenAI's Ohio data center, while also partnering with SK Group on a $500B+ AI deal. Michael Burry increases short positions against Nvidia, Micron, and semiconductor ETF, warning that AI demand is financed and not driven by end customers, per SCMP and Seeking Alpha.
Nvidia's Massive AI Financing and Alliance Moves
Nvidia forms Open Secure AI Alliance with IBM and Red Hat, and is in talks to guarantee $250B financing for OpenAI's Ohio data center, while also partnering with SK Group on a $500B+ AI deal.
Michael Burry increases short positions against Nvidia, Micron, and semiconductor ETF, warning that AI demand is financed and not driven by end customers, per SCMP and Seeking Alpha.