Drawing comparisons to the subprime crisis, critics claim AI hyperscalers are holding a staggering $1.65 trillion in data center debt off their balance sheets in 'shell companies.'
The tape The AI Daily Brief · Jul 31
“They compare it to the subprime crisis. Rather than putting debt on their own balance sheets, where they have to disclose it to the market, the hyperscalers are hiding it in shell companies.”
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The AI Daily Brief · What a $30B Hedge Fund Implosion Really Means for AIJul 31
OpenAI's revenue is exploding, with its July recurring revenue alone topping the entire second quarter. Meanwhile, Anthropic is on a $71 billion run rate, with one analyst predicting they could end the year at a jaw-dropping $150 billion.
The AI Daily Brief · What a $30B Hedge Fund Implosion Really Means for AIJul 31
Signaling a push for market dominance on cost, OpenAI has cut prices for its GPT-4 Turbo 'Luna' model by 80% and introduced a new 'fast mode' with a 2.5x speed boost.