unusual_whales(@unusual_whales):The AI boom is increasingly running on circular money, and it’s reminding some investors of 2008, per Bloomberg. Chipmakers and cloud giants invest in or lend to AI companies, which then use that money to buy chips and computing power from the very same companies. Recent examples: - Broadcom, $AVGO, agreed to lend Anthropic up to $42 billion to buy chips and computing hardware - Nvidia, $NVDA, has put more than $40 billion into AI companies this year, including $30 billion in OpenAI.

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The AI boom is increasingly running on circular money, and it’s reminding some investors of 2008, per Bloomberg. Chipmakers and cloud giants invest in or lend to AI companies, which then use that money to buy chips and computing power from the very same companies. Recent examples: - Broadcom, $AVGO, agreed to lend Anthropic up to $42 billion to buy chips and computing hardware - Nvidia, $NVDA, has put more than $40 billion into AI companies this year, including $30 billion in OpenAI.

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