There have been many headline-grabbing AI deals recently: Nvidia investing up to $100 billion in OpenAI. OpenAI promising to buy $300 billion worth of computing power from Oracle. Oracle buying tons of chips from Nvidia. 

But … where’s the money coming from? Is all this AI overhype … a bubble? 

On today's show, how money flows in the AI hyperscaling flood. 

Related episodes: 

Is AI overrated? 

Is AI underrated?


The messy human drama behind OpenAI 

For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org. Fact-checking by Sierra Juarez. Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.  

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