RE: LeoThread 2025-10-08 15-21

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Nvidia and OpenAI's wave of circular deals is sparking fears that the AI boom is being artificially propped up

leofinance
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The "circular AI" meme is overblown. Every new industry gets labeled "circular" — the early internet was basically router vendors selling to ISPs, and ISPs selling bandwidth to dot-coms. Vendor financing was as common then as it is now

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The real question is whether AI delivers useful outcomes for businesses and consumers; despite the mess, like with the internet, that is clearly the case

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