

God is everything
1K posts

@serna615
Never forget about god







Nvidia invests in OpenAI. OpenAI buys Nvidia GPUs. OpenAI invests in CoreWeave. CoreWeave leases Nvidia GPUs and sells compute back to OpenAI. Microsoft puts $13B in OpenAI and $5B in Anthropic. Both buy Azure. SoftBank borrows against Arm to fund $30B in OpenAI. Oracle takes on $105B in debt plus $248B in off-balance-sheet leases to build Stargate. 57% of its revenue pipeline traces back to OpenAI. This is not a market allocating capital to independent opportunities. This is a closed loop where the same dollars circulate through different corporate entities, each booking the circulation as revenue, investment gain, or strategic partnership value. The price being asked: $850 billion. 65x revenue. Zero profit. Ever. The reference class of unprofitable tech priced above 40x revenue at debut: Snowflake fell 68%. Rivian fell 90%. Uber fell 33%. Lyft fell 50%. Zero out of four outperformed at 12 months. Meanwhile: ChatGPT market share collapsed from 86.7% to 64.5% in twelve months. Enterprise share halved from 50% to 27%. Anthropic now leads at 40%. Every senior safety researcher resigned. The CEO owns zero equity. Michael Burry estimates $176B in GPU depreciation is being hidden sector-wide through six-year accounting on hardware that obsolesces in three. Oracle's CDS tripled. CoreWeave faces a 42% implied five-year default probability. The market's own credit instruments are screaming what the equity narrative refuses to hear. Probability this valuation proves justified: 10-15%. Full thesis in my new 8,000+ word deep dive piece: The $850 Billion Blind Spot. open.substack.com/pub/shanakaans…


