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Startups & Venture·October 13, 2026·1 min read

AI Boom Fuels Global Financial Risks: A Guide to the Circular Deals

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Circular AI deals — capital recycling between funds, corporates, and vendors — are inflating exposure in ways that traditional risk models undercount. If your revenue depends heavily on AI spend, audit how much of it is ultimately funded by the same small pool of capital rotating through the system.