Nothing Nefarious With 'Circle Financing': Dorrell

Stonepeak's Mike Dorrell defends the interconnected investment practices in the AI sector, asserting there is nothing improper about the circular financing arrangements fueling the industry's growth. Nvidia is reportedly spearheading over $750 billion in new AI deals, though critics argue these transactions artificially inflate valuations and create systemic risks through the deep interdependence of AI companies.