Let’s talk about a magical piece of news from the world of AI: they say Nvidia is set to become a cornerstone investor in Anthropic’s IPO, putting in up to $10 billion.
Take a close look at this loop—the chipmaker invests in the customer, and then the customer uses that money to buy graphics cards from the same manufacturer; both sides’ reports look excellent.
This kind of “moving money from left hand to right hand” in the funding cycle has already happened during past bubbles in the fiber-optics and solar-panels markets: the louder the stories, the farther away from the real accounting books.
I’m not saying that AI is fake; I’m saying that such self-feeding tricks of capital require attention to cash flows, not just market capitalization. $BTC rises and falls with these narratives; the bubble problem has always been not whether it exists, but when it will burst.
$NVDA
Take a close look at this loop—the chipmaker invests in the customer, and then the customer uses that money to buy graphics cards from the same manufacturer; both sides’ reports look excellent.
This kind of “moving money from left hand to right hand” in the funding cycle has already happened during past bubbles in the fiber-optics and solar-panels markets: the louder the stories, the farther away from the real accounting books.
I’m not saying that AI is fake; I’m saying that such self-feeding tricks of capital require attention to cash flows, not just market capitalization. $BTC rises and falls with these narratives; the bubble problem has always been not whether it exists, but when it will burst.
$NVDA
