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Circular financialization

2026-07-22 20:36:18.478895+02 by Dan Lyke 0 comments

I've had The Next Web: Five tech giants are hiding $1.65tn in AI debt, using the trick that toppled Enron tab open for a day or two now, haven't posted it here because... well... I didn't take the time to dig into it, and anyone who's been following Ed Zitron knows the balance sheets are hinky, but today it seems to have gotten around to Tom's Hardware: AI tech companies have ‘hidden debt’ worth around $1.65 trillion, report claims — amount is 122% of debt reflected on the balance sheets of Alphabet, Amazon, Meta, Microsoft, and Oracle.

Anyway, AMD is selling Anthropic AI servers while investing up to $5B in Anthropic.

I mean, it's not quite Miniscribe shipping bricks, but...

[ related topics: Humor Books Microsoft moron Current Events Currency Artificial Intelligence Databases ]

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