The $2 Trillion AI Circular Financing Problem: What If Chinese LLMs Eat the Frontier's Lunch?

An analysis argues that the $2 trillion circular AI financing hinges on frontier companies like Anthropic and OpenAI making good on $1.5+ trillion in unfunded commitments. If Chinese open-source LLMs capture market share, they may fail, explaining the pushback against Chinese LLMs.

• frontier models
• AI financing
• Chinese LLMs