Even Goldman's Delta-One Head Is Shocked At Nvidia's Grotesque Vendor Financing Scheme

Yesterday when commenting on the latest vendor financing perpetual money scheme unveiled by Nvidia and OpenAi, according to which as part of its latest circus act, the world's largest company will invest up to $100 billion in OpenAi so that Sam Altman's company can splurge on various components, we said that tomorrow we would likely see the following press release: We were of course referring to what has now become a running joke even among vendor financing fraud veterans.. ... namely the fact that so much of Nvidia's revenue is...