The investor known for shorting subprime mortgages before the 2008 crash, Michael Burry, recently posted on X, highlighting a Bloomberg diagram that traces roughly $46 billion in direct equity stakes and $879 billion in multi-year purchase commitments among major tech companies. He concluded that money is circling rather than multiplying within the AI sector. The network involves Microsoft, Oracle, Amazon, Google, Meta Platforms, OpenAI, Anthropic, xAI, CoreWeave, Nvidia, and Advanced Micro Devices. Oracle alone committed $300 billion in purchases tied to OpenAI, and Microsoft committed approximately $250 billion. Nvidia, with a $5.4 trillion valuation, is at the core of this web. Burry noted that Nvidia's five-year credit default swap (CDS) spread has roughly doubled over the past two months, suggesting credit markets are pricing in increased risk.