Post #2175097

The OpenAI / Oracle / nVidia deals are a clear cut example of circular finance. Also known as 'Enron accounting'. nVidia 'invests' $100 billion in Open AI. OpenAI stock price soars. Open AI 'pays' Oracle $100 billion for cloud services to support their AI. Oracle stock price soars. Oracle 'pays' $100 million to nVidia to 'buy' GPUs, nVidia stock soars. And all the time, the CEOs and top execs at all three companies are exercising and selling their stock options at ever inflated prices. The scheme does require the parties to pay a tithe to the grifter in chief or the SEC would quickly put a stop to the scam. Legal or not, Trump demands his cut. When the music stops, all three companies will collapse as the bubble bursts.