全球估值-北美 -人工智能映射循环性-Global Valuation, Accounting & Tax North America-AI Mapping Circularity

October 8, 2025 01:45 AM GMT Global Valuation, Accounting & Tax | North America AI: Mapping Circularity The AI ecosystem is increasingly circular — suppliers are funding customers & sharing revenue; there is cross-ownership & rising concentration. More sufficient disclosure is warranted to understand these relationships. We map a section of this circularity and highlight areas of risks & rewards. Key Takeaways Investor attention is increasing to the intertwined relationships of AI players. We focus on the e ...