AINewsnow

Premium: The Hater's Guide To Circular Financing (Part Two)

This story is from 2026-09-04. It is preserved in the archive; the latest stories are on the live feed.

You know, sometimes it’s kind of hard to explain the “circular” part of circular financing to people, in the sense that some of the agreements are kind of clunky. NVIDIA funds OpenAI, who then spends that money to rent back NVIDIA GPUs from Microsoft, Google, Amazon,

Read the full story at Where's Your Ed At (Ed Zitron) ↗

Timeline · 1 report

  1. 2026-09-04 16:24 · Where's Your Ed At (Ed Zitron)
    Premium: The Hater's Guide To Circular Financing (Part Two)

More stories

  1. A zero-click RCE flaw in AI coding agents could have exposed enterprise systems — InfoWorld AI
  2. Anthropic, OpenAI, SpaceXAI, Google sued over call to ‘pace’ AI development — Politico Technology
  3. Gemini Hacked Three Companies in First Known Breakout by Google’s AI — Wall Street Journal Technology
  4. OpenAI and Microsoft knew they were starting a ‘doom loop’ for the web — The Verge AI
  5. OpenAI's latest AI revelation is a 'serious situation,' Microsoft's Suleyman tells CNBC — CNBC Technology
  6. Flyweight: open-source C++/CUDA engine for running MoE models bigger than your VRAM on one GPU + system RAM. First PyPI release, looking for contributors. — r/LocalLLaMA
  7. Gemini 4 Pro vs Fable 5 vs GPT6 Astra — r/GeminiAI
  8. Microsoft director called AI scraping ‘the largest theft of labor in human history,’ while OpenAI head brands ChatGPT an ‘existential threat’ to publishers — revelations come from legal briefs filed in NYT lawsuit — Tom's Hardware

Get the daily brief of stories like this at 6:30 every morning →