{
  "id": 6138815,
  "title": "AI titans’ ‘circular deals’ are starting to look like ‘daisy chains’",
  "url": "https://urgent.news/2026/09/07/ai-titans-circular-deals-are-starting-to-look-like-daisy-chains-6138815",
  "topic": "ai",
  "section": "AI",
  "published": "2026-09-07T12:30:08.000Z",
  "source": {
    "name": "Reuters Business via SCMP",
    "slug": "reuters-business-via-scmp",
    "url": "https://www.scmp.com/opinion/world-opinion/article/3366149/ai-titans-circular-deals-are-starting-look-daisy-chains"
  },
  "original_language": "en",
  "account": null,
  "summary": "The “circular deals” among AI titans increasingly resemble the “daisy chains” of the 1980s savings-and-loan crisis. Forty years ago, interconnected transactions obscured the dangers, multiplied systemic risks and helped inflate asset values before roughly a third of US thrift banks failed. Today’s financial engineering – an incestuous ecosystem of interlocking multi-year commitments to provide…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}