The apparent collapse of the widely reported $100 billion investment deal between Nvidia and OpenAI has sent shockwaves through the AI industry, with Nvidia CEO Jensen Huang clarifying the arrangement was never finalized. The development raises critical questions about circular funding models in AI and who will ultimately bear the costs of massive AI infrastructure expansion.

Dutch chipmaking equipment supplier ASML posts record quarterly orders of 13 billion euros, driven by robust AI data center demand and sustained infrastructure investments.