The cover No. 003 New
The AI money goes around in a loop
Four companies guided to more than $740 billion of capex for 2026. Some of the dollars are aimed back at the company that put them in.
Front and center
Follow the dollar Drag, flick, or pump
NvidiaPuts in $30 billion
OpenAI3 gigawatts with the deal
CoreWeaveNvidia orders $6.3 billion
AMDA warrant for its own stock
Named in these announcements $0
Named from outside the circle $0
February 27, 2026. OpenAI said Nvidia was putting $30 billion into a $110 billion round. The September letter, up to $100 billion, is the deal that got put on ice.
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Lap 1
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