How much of the money buying AI chips was lent, guaranteed or invested by the companies selling them? No date yet
Anthropic's first public registration statement: its first audited revenue, and how much of it runs through investors that also sell it compute.
Specification pending.
- The loan is a bridge End buyers are real and paying; the seller's money fills a credit gap for unrated buyers, and outside capital is taking its place.
- The seller funds its demand Vendor money holds marginal demand above the market rate: the neoclouds exist to place the seller's chips, and the labs pledge the money back.
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