The IMF warns: The AI industry has formed a $1.4 trillion circular financing network! Tech giants like Nvidia, Microsoft, Google, and Amazon are investing in AI companies while simultaneously selling them chips and cloud services, and even guaranteeing their infrastructure financing. The IMF's October 2026 Global Financial Stability Report states: Since 2023, 14 publicly disclosed related transactions, involving approximately $300 billion in equity investments and $650 billion in debt financing, have resulted in approximately $1.4 trillion in future revenue commitments. Several typical examples: 1. Nvidia invested $30 billion in OpenAI and also provided guarantees of up to $105 billion for its Ohio data center. 2. AMD issued up to 160 million warrants to OpenAI, with an exercise price of $0.01 per share, and unlocking conditions linked to GPU purchases. 3. Broadcom's $63 billion financing was used to purchase AI chips through a special purpose vehicle and then lease them to Anthropic. 4. In Anthropic's concurrent private placement during its IPO, suppliers including Google, Nvidia, AMD, and Microsoft subscribed for a total of $26 billion worth of shares. The IMF also pointed out that of the $650 billion in debt, approximately $320 billion was assumed by these invested AI companies, including secured financing, contingent financing, and off-balance-sheet debt. https://(x.com)/BullTheoryio/status/2121229491326664766/video/1