Stock has risen significantly, largely driven by its strategic stake in ARM Holdings.

Participating in tranched investments for OpenAI.

Participating as a major backer in OpenAI's $122 billion funding round.

Committed $30 billion to OpenAI's funding round.

Acting as a high-leverage proxy for OpenAI; aggressive borrowing against Arm holdings creates significant downside risk.

Aggressive $1 billion investment in OpenAI increases leverage risks and loan-to-value concerns.

Cited as a warning regarding 'easy money' which can degrade operational discipline and company culture during massive scale-ups.

Elon Musk expressed skepticism regarding the company's ability to secure funding, claiming they have secured well under $10 billion for the Stargate Project.

Key strategic partner in OpenAI's $110B funding round with a $30B investment.

Participated in OpenAI's $110 billion funding round with a $30B contribution.