Governance: PBC Structure Enables Mega Capital Raises

In this episode, we unpack OpenAI’s new multiyear compute deal with AWS—covering custom Nvidia GB200/GB300 infrastructure, why AI is going multi-cloud, and how a revamped Microsoft pact and Oracle’s Stargate buildout factor into supply hedging. We also examine the governance and market angles, from PBC-enabled mega-raises to Amazon backing both OpenAI and Anthropic, and what it all means for agent-AI monetization vs. bubble risks.

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