Comment on The Algorithm That Detected a $610 Billion Fraud: How Machine Intelligence Exposed the AI Industry’s Circular Financing Scheme

• ctrl_alt_esc@lemmy.ml ⁨3⁩ ⁨weeks⁩ ago

  I’m aware, usually investments are not financed (primarily) with debt though.

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  • Croquette@sh.itjust.works ⁨3⁩ ⁨weeks⁩ ago

    Having the capabilities to take on debt helps to garner investments.

    You can do a joint venture, take on a bit of debt but get more money of it.

    And we’ve seen many mega corpos finance their venture throught debt (see Uber business model).

    So I’d say that it was true in the past, but corpos are getting bolder.

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