Announcement Economy Exposes Inflated AI Investment Claims

An industry commentator on February 2, 2026, critiques the 'announcement economy' after Wall Street Journal reporting that Nvidia is reconsidering its nonbinding up-to-$100 billion memorandum with OpenAI. The piece notes the original 2025 statement was a letter of intent tied to future gigawatt deployments and highlights how headline figures—totaling roughly $1.4 trillion in reported commitments—inflate narratives ahead of OpenAI's planned IPO. The author urges pragmatic verification of binding terms.