No. of Recommendations: 3
given u.s. gdp would be negative without AI spend, it's a strong assumption that a crash would break everything.We old phartz remember "broadband superhighway" companies, selling IRUs back and forth: the seller records the transaction as revenue, the buyer capitalizes the cost. Back and forth they swapped the IRUs, pumping up revenue and earnings, for a bit. Enron wannabe utility companies swapped power contracts back and forth. Their model didn't inflate profits, but wow could they inflate revenues. And it was all fake.
Broadcom to lend Anthropic up to $42 billion to lease chips, in latest circular investing deal
Anthropic (ANTH.PVT) has inked a series of deals with tech heavyweights ranging from Amazon to Microsoft to both finance and provide computing capacity for the company's AI models.
All three have raised concerns about circular financing, as each firm provides funding to Anthropic, which then uses it to purchase their services.finance.yahoo.com - Broadcom to lend anthropic up to billion to lease chips in latest circular investing dealSome day, someone will default, and the entire circus will collapse.
Steve
