A unique item of tech memorabilia is set to hit the auction block tomorrow: a Tom Ford jacket previously worn by Nvidia CEO Jensen Huang. Prospective bidders should prepare for potentially strong competition to acquire this distinctive garment.
The jacket's acquisition is reportedly part of a sophisticated financial maneuver. NVIDIA is slated to provide a $50,000 loan to OpenAI for its purchase. Subsequently, OpenAI will enter into a sublease agreement with Coreweave, leasing the jacket for $10,000 per month under a two-year contract. As part of this arrangement, Coreweave has committed to procuring an additional twenty jackets from NVIDIA in the future. In a reciprocal move, NVIDIA will then lease the jacket back from Coreweave for $8,000 per month over a five-year term.
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