OpenAI's $1T deals: Nvidia, AMD Oracle dwarf revenue raising funding questions (www.ft.com)

I couldn’t load the full article because the site’s JavaScript failed to run, so I can’t verify specifics beyond the headline. The title indicates reports that OpenAI has struck roughly $1 trillion–scale commitments with hardware and cloud providers — notably Nvidia, AMD and Oracle — to secure the massive GPU/accelerator capacity it needs. If accurate, these deals would dwarf the annual revenues of those vendors and highlight how hyperscale AI training and inference are driving unprecedented long-term demand for datacenter accelerators, specialized silicon, and hosted cloud capacity. Why this matters: such enormous multi‑year arrangements reshape the economics and power dynamics of the AI stack. Technical implications include tighter competition for advanced GPUs/accelerators, higher capital intensity for data centers, potential prioritization of proprietary hardware or custom chips, and upward pressure on pricing and supply-chain risk for other AI developers. It also raises governance and financing questions — how OpenAI funds sustained compute at this scale, what contractual terms mean for market competition and access, and the risks of vendor concentration. If you can paste the article text or enable the page, I’ll produce a verified, detailed summary.