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Big Tech Is Bankrolling Its Own AI Spending
AI

Big Tech Is Bankrolling Its Own AI Spending

The central bank of central banks now rates AI's circular financing a threat to financial stability. Reported profits increasingly rest on paper markups and money that loops between the same handful of companies, even as their free cash flow heads toward zero.

Jul 12, 2026·Aperta Res Research
Aperta Res
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