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Circular Deals

All articles tagged with #circular deals

business2 months ago

OpenAI's Strategic Deals Drive Its Multibillion-Dollar Growth

The article discusses Nvidia's strategic use of circular and complex deals to fuel its growth, including investments in AI and GPU companies, which may create a bubble similar to past financial bubbles. It highlights concerns about the sustainability of such practices, the role of market hype, and the potential for long-term industry shifts driven by AI advancements and infrastructure investments.

business3 months ago

Tesla's Cybertruck Sales Stall and Are Sold Off to Musk's Other Companies

Tesla is selling excess Cybertrucks to Elon Musk's other companies like SpaceX and xAI, keeping production within the Musk corporate family amid a significant sales drop and reduced production. Meanwhile, OpenAI plans a $25 billion investment in a new AI data center in Argentina, and Tesla begins selling the Model Y Standard in Europe at lower prices to compete in a crowded market. Additionally, AI-generated videos reanimate deceased celebrities, raising ethical concerns.