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Nvidia and OpenAI abandon unfinished $100B deal in favour of $30B investment
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Summary from ft.com.
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Hacker News · ft.com
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Based on 5 sampled comments from this thread. Analyzed 2026-02-20.
- Concern: OpenAI's potential IPO could mirror WeWork's downfall, suggesting a lack of competitive advantage and unclear profitability pathways, raising concerns about the sustainability of large investments.
- Concern: The scaling back of investments in AI is seen as a sign of impending challenges, indicating that the excitement around AI may be waning.
- Concern: The perception that AI is an unstoppable force also brings fears of job displacement and negative societal impacts, highlighting the darker implications of rapid AI advancement.