this post was submitted on 26 Apr 2026
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[–] Boh@lemmy.world 22 points 2 days ago (1 children)

Recently Amazon invested $5B in Anthropic tied to a commitment for Anthropic to spend $100B in AWS infrastructure over a decade. So for $5B, Amazon now has $100B of business in the books. These circular investments is just the printing of imaginary money.

[–] partofthevoice@lemmy.zip 1 points 1 day ago (1 children)

How’s it work, exactly? I know rich people often don’t spend their own money. Rather, they keep it invested in assets (like businesses, homes, deals, …). When you create a deal for future payment, can it be used to increase the current value of a company (like how prospective rent income can increase the cost of an apartment complex)? So, in essence, the deal is an asset worth money simply because the people said they will honor it? …but you also called it “printing of imaginary money.” Would it be imaginary because that value doesn’t come out of anything… it just sort of wasn’t there and now is there, after a contract was signed?

Fuck man. Rich people economics…

[–] Bakkoda@lemmy.world 1 points 10 hours ago

"I am giving you 500 billion jopples"

You don't have 500 billion jopples. I don't have 500 billion jopples. However I announced this as a business deal so you now have 500 billion jopples.

We don't even know if there are even contracts out of this is just word of mouth to make waves in the market. It's the crescendo building for a complete and utter collapse of systems that actually matter.

[–] webghost0101@sopuli.xyz 57 points 2 days ago

Clarification, google (and amazon) are giving anthropic acces to some of their chips (compute).

This mirrors Microsofts funding in openai, which was mostly just azure credit.

Same thing with ai companies investing with free generation tokens.

These companies aren’t providing money just sharing some resources that they would otherwise exploit for profit.

They are giving each other monopoly money blow jobs and the result is headlines and securing coordinated market domination.

[–] CosmoNova@lemmy.world 40 points 2 days ago

The AI ouroboros grows, but the profit margins shrink.

[–] als@lemmy.blahaj.zone 22 points 2 days ago

And they still won't turn a profit 🥰

[–] Bullerfar@lemmy.world 10 points 2 days ago (3 children)
[–] Rhaedas@fedia.io 7 points 2 days ago

Probably like Apple and Microsoft working together in the past. Competition, but sharing some tech as well to further both sides. Or maybe it's just money.

[–] MonkderVierte@lemmy.zip 5 points 2 days ago (2 children)

Feeding the money laundering machine.

[–] magnue@lemmy.world 2 points 1 day ago

Money printing*

There is no money laundering involved. There are other sketchy elements associated with bubbles (circular financing), but not money laundering.

[–] melroy@kbin.melroy.org 3 points 2 days ago

Pretty sure it's again some kind of cloud credits or any other way for them to earn back the money.

[–] YiddishMcSquidish@lemmy.today 4 points 2 days ago* (last edited 2 days ago)