Nvidia(US:NVDA) Xin Lang Cai Jing·2025-09-24 00:32Core Viewpoint - OpenAI and Nvidia's partnership raises concerns about an "AI bubble" as Nvidia announces an investment of up to $100 billion to support OpenAI's data center expansion, leading to questions about the sustainability of such investments in the AI sector [1][2] Group 1: Investment Details - Nvidia plans to invest up to $100 billion in OpenAI to help build data centers equipped with Nvidia chips [1] - This investment is part of a broader trend where Nvidia has participated in over 50 AI-related venture capital deals in 2024, with expectations to exceed this number by year-end [1] Group 2: Market Concerns - Analysts express concerns about "circular financing," suggesting that Nvidia's investment may artificially support the market and encourage continued purchases of its high-priced GPUs by AI startups [1][2] - The scale of Nvidia's investment in OpenAI is seen as overshadowing other investments, raising questions about the underlying logic of such a move [2] Group 3: Industry Context - The AI industry is increasingly viewed as facing risks similar to the internet bubble burst 25 years ago, with OpenAI's CEO acknowledging the need for substantial infrastructure investment while also cautioning about potentially inflated valuations of some AI startups [2] - Nvidia's unique position in the AI ecosystem, as a leader in advanced chip technology essential for training AI models, makes it the largest single beneficiary of the current AI boom [2]