The modern AI industry has become a tightly connected financial-infrastructure system dominated by Nvidia, Microsoft, OpenAI, Oracle, AMD, Intel, and CoreWeave, with Nvidia at the center as both the primary chip supplier and now a capital provider. Microsoft owns roughly the high-20% range of OpenAI after investing more than $13B, while OpenAI has diversified its cloud partners by signing a $300B multiyear compute contract with Oracle and a $11.9B capacity agreement with Core