• 22. 12. 2025 • H. T. •
Analysts recently highlighted something wild: the Nvidia–OpenAI–Oracle–Microsoft ecosystem has turned into a $5 trillion self‑reinforcing AI loop.
Here’s how it works:
- Nvidia invests into Open AI and other companies These buy Nvidia chips
- OpenAI signs massive compute deals with Oracle Oracle, OpenAI, and SoftBank are co-building the “Stargate Project” — a massive AI infrastructure initiative
- Oracle must buy Nvidia GPUs Oracle Cloud Infrastructure (OCI) embeds Nvidia AI Enterprise, giving clients access to 160+ models and 100+ microservices
- Microsoft funds OpenAI, which drives more GPU demand
- Nvidia invests back into AI companies that buy its chips
The result: Rising valuations → more investment → more GPU buying → more valuation growth
Together, this ecosystem is described as a $5 trillion machine — a flywheel where money, chips, cloud credits, and valuations reinforce each other.
The risk? When growth depends on circular financing instead of real productivity, the system becomes fragile — powerful, but vulnerable to a single break in the loop.
Would financing spirals like these be possible without ultra‑cheap credit in a debt-based financial system?
And could they be mitigated by honest productivity based money like Heperum?
