Nvidia Set To Reveal Record $500 Billion Off-Balance Sheet SPV Deal To Fund The World's Biggest Circle Jerk: Report

Nvidia Set To Reveal Record $500 Billion Off-Balance Sheet SPV Deal To Fund The World's Biggest Circle Jerk:…

Nvidia secures $500bn off-balance sheet SPV with Apollo, Blackstone, KKR for AI infrastructure, repeating circular vendor-financing tactics. Market (-2%, $70bn loss): if open-source models outpace proprietary systems, capex and cash-flow projections implode.