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How OpenAI uses complex and circular deals to fuel its multibillion-dollar rise

(www.nytimes.com)
387 points reaperducer | 1 comments | 31 Oct 25 13:03 UTC | HN request time: 0.314s | source
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throwaway106382 ◴[31 Oct 25 14:11 UTC] No.45772180[source]▶
Isn't paying a company to dig a hole who then pays you the same amount to fill said hole illegal?
replies(6): >>45772199 #>>45772201 #>>45772231 #>>45772337 #>>45772576 #>>45772818 #
1. baq ◴[31 Oct 25 14:13 UTC] No.45772199[source]▶
Even worse in VAT countries where such carousels make you eligible for a tax return on technically zero added value