OpenAI’s Latest Circular Financing Deal
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In this video we analyze OpenAI’s $20 billion circular financing deal with the recently IPO’d semiconductor company Cererbras.
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#wallstreetmillennial
0:00 – 2:33 Intro
2:34 – 4:11 Wafer Scale Engine
4:12 – 10:09 UAE Connection
10:10 – 16:58 OpenAI Deal
16:59 Competing Against Nvidia
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@wallstreetmillennial
May 28, 2026 at 6:30 am
đ Templafy just made their enterprise AI presentation tool free. The same platform used by teams at KPMG, BDO, Adobe, and Cisco. No credit card, no trial limits. Try it here: https://link.omane.media/wall-street-millennials
@robert-q6p1r
May 28, 2026 at 6:30 am
0:20 opens at 350, currently at 360, hows that a 80% change
@umaikakudo
May 28, 2026 at 6:30 am
Cerebras has unique tech and sold track record in government and academic science HPC uses. Their software stack is very flexible with FPGA like capabilities to optimize for different types of workloads and models. It's a shame they are getting caught up with the OpenAI bubble scam.
@lovewhatido4ever
May 28, 2026 at 6:30 am
Your videos mostly bearish about Ai and tesla. It is quite opposite to what stock market trendđ
@yourstrulyfocused
May 28, 2026 at 6:30 am
Is circular financing a nice way of seeing these companies of circle jerking each other đ
@TheLevitatingChin
May 28, 2026 at 6:30 am
Altman touched his sister
@alexfielding8411
May 28, 2026 at 6:30 am
OpenAI: Hey mind if we inflate your share price by committing to by your chips, will you give us some free shares which we can sell for cash flow or to inflate our value before we IPO – oh and your CEO gets a nice bonus for expanding the order book, even if ultimately we donât actually meet the order.
Any Tech Co: Sure what could go wrong, itâs not like itâs effectively stealing shareholder cash so
@Detractor_Blue
May 28, 2026 at 6:30 am
Wow⊠you are litterally shilling the shit thatâs bringing about societal collapse.. hadnât watched you in a while.. gonna unsub now.
I understand needing to make money but like come on..
@Arewethereyet69
May 28, 2026 at 6:30 am
Does it support Hebrew???
@scarffracker1918
May 28, 2026 at 6:30 am
Scam Altman at it again.
@N4CR
May 28, 2026 at 6:30 am
Ngreedia blocked AMDs' attempt to acquire CUDA translation software in order to maintain a monopoly. Nasty company. Why for projects I specify open coding standards that run on multiple brands of GPUs.
@JayDeezN
May 28, 2026 at 6:30 am
âCircular Financial Arrangementsâ, or Talmudic Economics as we call it in the biz.
@starvalkyrie
May 28, 2026 at 6:30 am
Today we're excited to announce $1T in cash burn for 2027
Thunderous applause, hundreds of billions in capital raise
@DNAofDoggie
May 28, 2026 at 6:30 am
Another scam by Scam Altman
@Natron808
May 28, 2026 at 6:30 am
Sam speaking sounds like a dying bullfrog's croak.
@jeff5534
May 28, 2026 at 6:30 am
Lol these guys donât get shit past you do they
@guitarhampter
May 28, 2026 at 6:30 am
"innovation on the finance side" = some sort of fraud that hasn't been explicitly forbidden yet
@MysteriousNixon
May 28, 2026 at 6:30 am
18:15 "this creates a massive barrier to entry" – except if AI coding models work the way they constantly advertise, the barrier is gone. One of the things AI models are arguably good at is converting existing codebases to new language frameworks. CUDA's moat is narrow.
@AEVMU
May 28, 2026 at 6:30 am
Sara Friar looks like she's going to end up in jail for securities fraud at some point. I am surprised she doesn't talk in a false baritone.
@MysteriousNixon
May 28, 2026 at 6:30 am
7:30 interrogating chatbots as a form of reporting is a fad I hope goes away sooner rather than later.
@mwwhited
May 28, 2026 at 6:30 am
I find it very funny that the majority of your sponsors seem to not watch your videos as they are obviously built on top of the companies you constantly trash.
@DerJungeStein
May 28, 2026 at 6:30 am
One thing you didnât mention and which is key here is that g42 isnât just some sovereign investment fund in tech/AI and real estate. Itâs headed by the UAE national security advisor and head of intelligence⊠they are pumping money into their own ai models and whatnot because they want them to supercharge their state surveillance and military apparatus. The listing and OpenAI bullshit is just to gain more exposure to US investors as part of their wider campaign to buy influence with the trump admin
@ForcefighterX2
May 28, 2026 at 6:30 am
Yeah, sure, now they only need to support the proprietary CUDA language with they cannot. Thus, they have no chance but to implement ROCm from AMD, which is open but less supported and matured than CUDA.
@BreadM1x
May 28, 2026 at 6:30 am
financing WHAT they own NOTING they bought NOTHING
@angelarch5352
May 28, 2026 at 6:30 am
If I keep paying myself $100 from my own pocket to my other pocket, and keep repeating that, I will become a millionaire in no time!
@stepsadads
May 28, 2026 at 6:30 am
This is starting to get boring itâs all OpenAi
@jfraklin
May 28, 2026 at 6:30 am
2:34 if something is free YOU ARE THE PRODUCT. So a company Iâve never heard of is collecting sensitive company information from people to created PowerPoints for them? Yeah I donât see how that can go wrong.
@AmorosoGombe
May 28, 2026 at 6:30 am
This is total bullshit and madness.
@brennencox516
May 28, 2026 at 6:30 am
1:58 It asks you a bunch of questions so it can match your bias, so it can tell you exactly what you want to hear.
@MCorpReview
May 28, 2026 at 6:30 am
Mbz đembezzle?đ
@MCorpReview
May 28, 2026 at 6:30 am
Why 42?
@evryhndlestakn
May 28, 2026 at 6:30 am
More than a few red flags seem to pop up from all of these AI, chip & data centre companies.
Thats the one common defining factor they all share. That and dishonest CEO's.
@gregb5683
May 28, 2026 at 6:30 am
Have you experienced Artificial Goblin Intelligence? đ. What a joke.
@Witnaaay
May 28, 2026 at 6:30 am
2:53 – whats circled there is DDR5X, not HBM, though Nvidia's use of the phrase 'high bandwidth' seems to promote confusion with HBM
@necrothitude
May 28, 2026 at 6:30 am
If AI is all that and a bag of potato chips, can't OpenAI just vibe up a new CUDA equivalent for their shiny new Cerebras chips? Will Cerebras chips be manufacturable at scale? The larger the chip die the higher chance it is affected by manufacturing defects. On a normal process they chop the wafer into many chip dies, so defects are localized to a smaller number of end products. As die size increases, yields decrease. Cerebras is playing a very silly game with yields.
@jakez1930
May 28, 2026 at 6:30 am
this criminal Scam Altman needs to go to prison
@coma13794
May 28, 2026 at 6:30 am
Love the analysis here, super helpful to cut through some of the noise. I do wonder if this platform is actually capable of delivering equivalent service at a lower price point in terms of the operating costs vs Nvidia. Still unclear on that.
@chiropracticleipzig4328
May 28, 2026 at 6:30 am
Financial innovation = fraud scheme not yet a crime
@ChristoherWGray
May 28, 2026 at 6:30 am
OpenAI didnât have the billion dollars to give them
@seanwalsh6100
May 28, 2026 at 6:30 am
Silicon Valley needs to burn down with all of these loser Tech Bros and Gals in it. They have completely ruined Northern California. First with all of their progressive ideas and now by flipping to the other side of the coin. Seeking greed, control and corruption. F Silicone Valley and everyone that works there. Zero morality and even less humanity.
@rocketpropelled
May 28, 2026 at 6:30 am
Boomers will beg for these garbage AI companies to be bailed out so their 401ks don't go down. What a mess.
@peterblair9240
May 28, 2026 at 6:30 am
Creative new financial innovations or in common language a huge con.
@ropro9817
May 28, 2026 at 6:30 am
Sounds sketchy af. Scam Altman working hard to earn his nickname every day.
Comments are closed.