THE $100 BILLION MEGADEAL BETWEEN OPENAI AND NVIDIA IS ON ICE

Summary from the TLDR newsletter

A plan for Nvidia to invest $100 billion into OpenAI, announced last September, has stalled after some inside Nvidia expressed doubts about the deal. Nvidia plans to push ahead with a separate large investment in OpenAI that will amount to $100 billion from multiple partners. The original $100 billion agreement was nonbinding and not finalized. OpenAI is laying the foundation to go public by the end of 2026 - the stalled pact is a blow to this effort.