Industry2h ago
Nvidia Cuts OpenAI Guarantee As Anthropic Surges
Nvidia slashed its guarantee for an OpenAI data center in Ohio from $250 billion to under $120 billion. Investor risk concerns drove the reduction. Simultaneously, Anthropic reported quarterly revenue jumping from $4.7 billion to $11.5 billion. These diverging financial signals challenge the prevailing narrative of an AI bubble while highlighting shifting capital risks for hardware giants.