AI Circular Financing & Grok Build Launch
A Bloomberg chart going viral highlights unprecedented circular funding dependencies among AI companies, while xAI's Grok announces its Build feature (idea-to-app) is now available to all users across all platforms.
What we know
An account on X shared Bloomberg's chart on AI circular financing — companies investing in each other in a self-reinforcing loop — garnering 1.7k likes and 75k views as a macro risk flag. Separately, another account on X announced Grok Build is now on every plan (web, iOS, Android), competing directly with tools like Claude Artifacts and ChatGPT's canvas feature, reaching 2M+ views.
By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.