AI companies made headlines recently because of circular vendor financing. Basically, Nvidia invests in OpenAI which buys services from Oracle which buys chips from Nvidia. Surprisingly, this setup lets you boost ecosystem revenue by over 100% of money spent. Let's look at how the accounting works. What's going on I| Market Unpack
COULD AI MANIA CRASH THE WORLD FINANCIAL SYSTEM? Foreword Most people presumably know by now that we’ve been building a gigantic bubble in AI, and that this bubble is destined to burst. The scale o…| Surplus Energy Economics