[bwfan123]

Circular financing at its finest. And Self-dealing between the hyperscalers, openai, and anthropic.

google invests in anthropic and spacex - and shows appreciated values as earnings. Then it turns around and rents tpus to anthropic to show it as revenues. The main buyers and sellers for all of this are the hyperscalers, openai and anthropic.

It is a game of musical chairs while the party is still on.

[SwellJoe]

They're all betting ignorant retail investors will be the final bagholders. It's a license to steal from retirement accounts.

[webninja]

I think the measurable term for this is “Velocity of Money”.

[akarii]

They are just trading company stocks for compute.