It’s not misleading at all, especially when you consider the numbers and the events leading up to this. Genesis ensures the state, through the Dept of Energy is a buyer of last resort for any “AI services”, given the likelihood of the scenario where the state intervenes; this is a preemptive bailout through the back door. Whilst Nvidia is financially sound and has a proven business model, openAI is supposed to somehow pay for infrastructure worth $1.6T against $12B worth of revenue in the next 4 years. I believe in miracles as much as the next guy, but I don’t see a realistic scenario where OpenAI doesn’t get a gvt bailout to stay afloat.