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AI's trillion dollar deal wheel bubbling around Nvidia, OpenAI

Tuesday November 4, 2025. 11:15 AM , from TheRegister
How to build a trillion-dollar industry: Step 1, invest in your customers. Step 2, sell them stuff
Feature In late 2025, a series of multi-billion-dollar deals in the artificial intelligence sector is causing déjà vu among industry veterans. Money, computer chips, and cloud credits are rotating in a closed loop among a handful of companies: Nvidia, OpenAI, Microsoft, Oracle, AMD, CoreWeave, xAI, and a few others. This has fueled a trillion-dollar AI boom or bubble built on intertwined investments and contracts.…
Read more at TheRegister
https://go.theregister.com/feed/www.theregister.com/2025/11/04/the_circular_economy_of_ai/

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