Drawing comparisons to the subprime crisis, critics allege AI hyperscalers are holding $1.65 trillion in data center debt off their balance sheets in special purpose vehicles.
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 CFO told staff that July revenue exceeded the entire second quarter. Meanwhile, one analyst predicts Anthropic could end the year with revenue eclipsing that of Tesla and SpaceX combined.
No Priors · Building an Autonomous Enterprise for Real-World Services with Netic Founder Melisa TokmakJul 31
Netic founder Melisa Tokmak argues that essential service businesses struggle to grow due to constant investment in large human teams that suffer from high turnover and staff no-shows.