Artificial intelligence
fromTheregister
10 hours agoNvidia, OpenAI, and the trillion-dollar loop
A closed loop of investments, hardware purchases, and cloud credits among major AI firms is inflating growth and raising bubble concerns.
The deals are so vast that they defy comprehension - the Financial Times put the company's recent commitments at north of $1 trillion - and they're making public companies' stock prices jump. Stock analysts dub some of these agreements "circular," because investment money is flowing between companies that also buy from or sell to one another. The worry then is that such deals might prop up or overhype a bad business.