
- Nvidia’s $100 billion deal with OpenAI has barely progressed from a letter of intent
- “There is no assurance that we will enter into definitive agreements”
- Long lead times and regular refresh cycles are risky to long-term deals
The $100 billion collaboration between Nvidia and OpenAI has received its fair share of publicity, but the deal is yet to be finalized and it remains little more than a letter of intent, to this day.