Nvidia’s $750 Billion Deals Revive Fear of AI Circular Financing
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Neo-Luddite
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Sturgist
An actually repulsive amount of money. If you offered me 0.75 trillion dollars, I would run screaming into the night.
I like to be as honest with myself as I can. I too would run screaming into the night, but only after confirming that the money was actually deposited in my account.
Ah, see, this is unnecessary! All you have to do is pull the same kind of trick that rich people do - use the documentation of the money as collateral and take out a loan or line of credit against it. Take out a big enough loan, reinvest some of it (in your own company, before news of the massive deal goes public) and profit.
Nah, that sounds an awful lot like work. I’m just going to take the cash and fuck off to into the woods somewhere.
I am a Nigerian prince. I just found $0.75T in the couch: do you want it?
inchoate gnashing of teeth, lamentations
Relax I’m sure it’s not just going in a circle. Some of it has to go to the fund for impaired Huangs in leather jackets foundation.