According to The Kobeissi Letter, Nvidia is investing up to $100 billion in OpenAI to deploy at least 10 gigawatts of Nvidia systems for next-generation models (source: The Kobeissi Letter). According to The Kobeissi Letter, OpenAI and Oracle announced a $300 billion deal on September 18 focused on expanding compute capacity (source: The Kobeissi Letter). According to The Kobeissi Letter, this follows Nvidia’s $5 billion investment in Intel, suggesting downstream capex across AI components (source: The Kobeissi Letter). According to The Kobeissi Letter, exponential AI growth will be reliant on energy, making electricity the crucial commodity, a framing traders can translate into focus on power availability, grid buildouts, and datacenter capacity when positioning in AI-linked equities and crypto (source: The Kobeissi Letter). According to The Kobeissi Letter, near-term watchpoints include NVDA, INTC, ORCL, energy utilities, and AI-infrastructure narratives that can influence crypto market sentiment (source: The Kobeissi Letter).