Nathaniel Whittemore

Imagine just how low the bar has become to start an online store, basically non-existent.

And while one could argue that just using Shopify already with their templates was good enough for most people, as someone who has built websites with both the template builders and WordPress and all these sort of things, and now maintains my website with Lovable, it is an incomparable experience in terms of how much control, how much creativity you can exert.

These things are not shifts in scale, they are shifts in kind.

And I actually think that this integration is going to be a huge deal.

Next up, one that has gotten a lot of chatter on Twitter.

A new investigative piece from the Wall Street Journal took readers behind the scene of OpenAI's multi-hundred billion dollar deals.

The article discusses how deals with SoftBank, Oracle, AMD, and Broadcom came together over the past year.

Of particular interest was a discussion of the NVIDIA deal.

The article claimed that Jensen Huang, Nvidia's CEO, of course, was jealous of the White House reveal of Project Stargate in January.

Basically, he wanted to be the one, standing alongside Altman as the president announced half a trillion dollars worth of AI investment.

Nvidia later pitched OpenAI on a similar project, effectively looking to sideline SoftBank and help to raise the required funds themselves.

However, by the summer, progress had stalled and the two companies had put negotiations on hold.

Then in June, the Information reported that OpenAI had begun renting Google's TPU chips to supplement their compute.

That report apparently caused a ton of stir inside NVIDIA HQ, and Huang quickly called Altman to get negotiations back on track.

Now, OpenAI never did consummate a deal to use Google's chips, and the result of this convoluted process was the $100 billion strategic partnership announced in September.

Under the agreement, NVIDIA will lease up to 5 million chips to OpenAI worth some $350 billion, and NVIDIA also has the right to invest up to $100 billion in OpenAI in order to help them pay for the deal.

New from this reporting is that NVIDIA is also discussing a guarantee of OpenAI's debt financing for the new data center bills, basically meaning that NVIDIA's free cash flow is also backstopping things.

Now, Sam Altman already has a reputation as perhaps the most gifted dealmaker of his generation.

And this only reinforced that point.

Amit is investing summed it up.