Almost every AI critic would tell you about circular financing, especially as it pertains to bigger companies like Nvidia (NVDA) beefing up startups with funding. However, the biggest cases are happening more recently, and they involve the biggest AI labs.
Earlier this October, Reuters reported that Broadcom (AVGO) agreed to loan Anthropic up to $42 billion, which is expected to become Broadcom's largest compute customer next year. The AI lab is borrowing primarily to buy hardware from companies like Broadcom.
