financing

An article analyzing the potential downsides of Apple's Upgrade Program, which leases devices with monthly payments and no interest, but warns about debt collection risks and contractual obligations.

Code in an iOS 27 beta suggests Apple could activate a 'Restricted Mode' on financed iPhones that disables most apps if payments are missed, as part of an upcoming 'Apple Upgrade' leasing program.

This paper from the Bank for International Settlements examines the financing of the AI boom, focusing on the shift from cash flows to debt.

Garry Tan shares Packy McCormick's argument that data centers are not just compute but financing vehicles that drive development in power generation, grid, chips, and construction, and that the US should continue building them to advance adjacent industries.

Nvidia plans to raise over $25B in its first bond deal since 2021, reflecting market fatigue and the company's deep involvement in AI ecosystem financing, which has raised concerns about circular risks among investors.

Google is backing Anthropic's $35 billion chip lease at five data centers, revealing complex financial alliances in the AI industry.

SpaceX files IPO S-1, targeting a $1.75 trillion valuation and raising $75 billion, more than double Saudi Aramco's record. The prospectus reveals its most profitable business is not rockets.

DeepSeek has rejected investment from Alibaba to maintain corporate independence and avoid restrictive ecosystem integration clauses, despite significant interest from Chinese tech giants. The company seeks funding primarily for computational power and talent retention while minimizing external control over its commercialization agenda.