this post was submitted on 02 Dec 2025
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The Algorithm That Detected a $610 Billion Fraud: How Machine Intelligence Exposed the AI Industry’s Circular Financing Scheme (substack.com)
submitted 4 days ago by Thomas2024@feddit.org to c/technology@lemmy.world
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[–] logicbomb@lemmy.world 25 points 4 days ago

I haven't read the article, but I have read previous accusations of the same thing, so I assume it's the same.

Basically, the new AI companies are all losing money, but they are all investing big money in each other which makes it look like the industry is doing well.