- Very interesting episode of the Decoder podcast, drilling down on the mechanics of circular AI-industry financing and what it looks bubble-like www.theverge.com/podcast/8196...
Nov 13, 2025 17:07
- One example: Chip-maker A invests money in Chip-buyer B. Chip-buyer B levers up on that money, and uses the borrowed money to buy chips from Chip-maker A.
- So Chip-maker A has turned a relatively small amount of its own money into a relatively large amount of demand for its own chips.
