More OpenAI circular deals – FlowingData

For the New York Tiems, Jacqueline Gu and Cade Metz break down the circular deals between OpenAI and a network of companies.

Many of the deals OpenAI has struck — with chipmakers, cloud computing companies and others — are strangely circular. OpenAI receives billions from tech companies before sending those billions back to the same companies to pay for computing power and other services.

Industry experts and financial analysts have welcomed the start-up’s creativity. But these unorthodox arrangements have also fueled concerns that OpenAI is helping to inflate a potential financial bubble as it builds what is still a highly speculative technology.

See also the Bloomberg version that shows more at once between the major companies. It seems more links will be added to these networks in the near future. Who knows how many will still be around in a few years.

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