🚨 THE AI HOUSE OF CARDS HAS STARTED TO FALL. OpenAI's annualized revenue has reportedly reached around $50 Billion, but that's still $20 Billion below expectations. And Oracle fell more than 6% as Nasdaq 100 dropped 1.5%. But this is just the tip of the iceberg. 55% of AI investment deal value now comes from other AI companies. And around 26% involves circular deals, where companies invest in businesses that also buy their products and services. This means some of the money being counted as AI revenue is coming from companies that are also financing the AI boom. We saw similar financing arrangements during the late-1990s telecom boom, before the industry suffered a massive crash. Now imagine what happens if OpenAI and other AI companies fail to meet their revenue expectations. The companies funding the boom could lose money on their investments while also losing revenue from the same customers. And that could trigger a much bigger selloff across the AI sector.

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