'Circular' mega-deals by Bay Area tech giants are raising eyebrows | NYGazet

OpenAI, in deals with Nvidia and Advanced Micro Devices, is worrying analysts who see "circular" mega-deals as a risky sign in the speculative AI industry.

The incredibly vast sums of cash that Bay Area executives are now willing to throw into artificial intelligence tech have created an eyebrow-raising trend: the “circular” mega-deal. Take San Francisco’s OpenAI, which is staking its claim at the cente... [5306 chars]