#Roundtripping
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karaswisher.bsky.social
Have not seen this kind of circular accounting nonsense since the early days of AOL roundtripping. Would like to see the actual ad numbers, but insiders tell me it’s what you imagine given the quality of the product. Investors are buying the possible benefits Musk’s proximity to Trump, aka cronyism.
February 6, 2025 at 6:19 PM
edzitron.com
It's not a ponzi scheme, nobody is making any promises of returns. If I'm right it's roundtripping, but I don't think that's illegal
March 28, 2025 at 3:22 PM
arleighhelfer.bsky.social
They're also "roundtripping" with nVidia, with nVidia paying billions of dollars to OpenAI that OpenAI will use to buy nVidia chips.

That's a sign that the bubble will burst soon.
October 5, 2025 at 7:58 PM
ddayen.bsky.social
I was pleased to go on Breaking Points to talk about the AI bubble, roundtripping and vendor financing, all the financial games in the data center buildout.
www.youtube.com/watch?v=m7lu...
DOTCOM ALL OVER AGAIN: AI Shady Finance Deals
YouTube video by Breaking Points
www.youtube.com
October 21, 2025 at 10:44 PM
shimminykricket.blacksky.app
The entire AI industry is engaging in securities fraud (roundtripping) enabled by Trump.
October 14, 2025 at 10:10 PM
bwnash.bsky.social
His $105m losses in crypto shit, and roundtripping FTX to zero, then getting sued for endorsing them, really put a smile on my face, though. Wish the same thing for each and every crypto shill.
July 21, 2026 at 12:13 AM
mayteramarble.bsky.social
we have English story text injection! ... with extremely incorrect palettes, despite it supposed to be roundtripping correctly. to investigate tomorrow...
June 12, 2026 at 5:38 AM
debpaul.bsky.social
@tdwg.org #TDWG2026 opportunity! contribute to this #digitalcuration #roundtripping topic at the conference and in the BDJ. @sharifx.bsky.social @nickynicolson.bsky.social @miketrizna.bsky.social @evomri.mastodon.social.ap.brid.gy @aguentsch.bsky.social @njdowdy.bsky.social @cabbageleek.bsky.social
bdj.pensoft.net Biodiversity Data Journal @bdj.pensoft.net · Feb 17
📢 Call for submissions: "Beyond Digitization: Open Digital Curation of Collections-based Biodiversity Data."

This topical collection aims to explore how #AI and human annotations can enhance #biodiversity #data and flow back to source systems.

📅 Deadline: 1 Sept 2026
Details 👇
Beyond Digitization: Open Digital Curation of Collections-based Biodiversity Data
Open digital curation can be a continuous, inclusive process that explicitly incorporates annotations, enhancements, and round-tripping across the biodiversity data lifecycle. This issue aims to illus...
bdj.pensoft.net
April 13, 2026 at 4:06 PM
siobhanleachman.bsky.social
Mike points out that as a result of this improvement to the Biodiversity Heritage Library catalogue, he produces an error report that can help improve #Wikidata. This is a great example of how reuse of Wikidata can bring about improvements to Wikidata. #RoundTripping #LivingData2025
nicolekearney.bsky.social Nicole Kearney @nicolekearney.bsky.social · Oct 22
BHL Lead Programmer, Mike Lichtenberg, shares BHL’s process for exchanging persistent identifiers between BHL and Wikidata, and how this enhances discoverability of biodiversity literature, and builds stronger links between BHL and other biodiversity platforms. #LivingData2025 #IloveBHL 🌱 🔗 📖
October 22, 2025 at 5:31 PM
ed3d.net
yeah, the lack of roundtripping is disqualifying in general, I think. like, none of these things were designed to work together, and that by itself is a substantial lift
March 13, 2026 at 9:47 PM
sparklerblue2.bsky.social
"When, in reality, AIs are just statistical models, and the entire AI industry is engaged in stock market grifts, an artificially inflated, multi-trillion-dollar computer chip bubble, and what looks like industrial-scale roundtripping. So, when AI leaders all started to agree..."
September 26, 2026 at 3:06 AM
siobhanleachman.bsky.social
Using a book to improve a #Wikipedia article for a NZ moth. I went to #iNaturalist to upload better openly licensed images to place in the article. Saw this by the author of that same book, referencing my Wikipedia article for the id of the species whose image I'm uploading. #Roundtripping #1Lib1Ref
January 16, 2025 at 2:49 AM
pauldauenhauer.bsky.social
"Roundtripping"
roundtripping
October 20, 2025 at 10:24 PM
mapperwocky.bsky.social
We have lots of people flying to conferences, but a few managers roundtripping to DC several times a week for meetings were the biggest CO2 emitters.
May 24, 2026 at 9:55 PM
zerojt.bsky.social
Roundtripping data 👀
August 24, 2026 at 4:04 AM
russwilcox.bsky.social
"Roundtripping" is when a public company invests in a startup and in return the startup uses the cash to buy goods from the investor.

it juices the revenue and profits for the public company ON PAPER.

But it won't turn into actual profit until years later and only if the startup exits.
September 22, 2025 at 5:43 PM
edzitron.com
what roundtripping do you mean though
March 28, 2025 at 3:40 PM
isaiahbishop.bsky.social
Lennar roundtripping to January is amazing
brokenbanker.bsky.social BrokenBanker @brokenbanker.bsky.social · Aug 22
major rippage in US equities and solid performance from bonds after Powell's Jackson Hole speech opening the door to a rate cut in September.

leaders are Homebuilders, Banks, Russell 2000 (small caps), Basic Materials and Energy; but it's pretty broad based
assorted US equity and bond ETFs
August 22, 2025 at 4:20 PM
timmarinin.net
you’re talking about localStorage? I think it’s conceptually easier, otherwise people would want to save numbers (ok), objects (oof, what about prototypes, etc), functions (ooof); json roundtripping simplifies things
October 26, 2025 at 10:57 AM
thebe14.bsky.social
Nobody is using ai enough to justify these monstrosities. And will not grow to use it enough in the foreseeable future (a decade, say). The roundtripping fraud will burst long before useful ai demand grows organically to use just a fraction of what is already being built.
January 19, 2026 at 9:47 PM
greg.org
somehow not roundtripping because it's somehow not revenue for somehow not equity
edzitron.com Ed Zitron @edzitron.com · Jun 26
In April I wondered if Microsoft was booking OpenAI’s compute spend for running/training their models as revenue. I was right. Microsoft has been feeding itself money by investing in OpenAI, 76% of their AI revenue is OpenAI, and OpenAI is their biggest customer.
www.wheresyoured.at/openai-is-a-...
An Open Question: Does Microsoft Book OpenAI's Compute As Revenue? Up until fairly recently, Microsoft has been the entire infrastructural backbone of OpenAI, but recently (to free OpenAI up to work with Oracle) released it from its exclusive cloud compute deal. Nevertheless, per The Information, OpenAI still intends to spend $13 billion on compute on Microsoft Azure this year. What's confusing, however, is whether any of this is booked as revenue. Microsoft claimed earlier in this year that it surpassed $13 billion in annual recurring revenue — by which it means its last month multiplied by 12 — from artificial intelligence. OpenAI's compute costs in 2024 were $5 billion, at a discounted Azure rate, which, on an annualized basis, would be around $416 million in revenue a month for Microsoft. It isn't, however, clear whether Microsoft counts OpenAI's compute spend as revenue. Microsoft's earnings do not include an "artificial intelligence" section, but three separate segments: Productivity and Business Processes, which includes things like Microsoft 365, LinkedIn, Dynamics 365 and other business processing software. More Personal Computing, which includes Windows and Gaming Products Intelligent Cloud, Including server products and cloud services like Azure, which An Open Question: Does Microsoft Book OpenAI's Compute As Revenue? Up until fairly recently, Microsoft has been the entire infrastructural backbone of OpenAI, but recently (to free OpenAI up to work with Oracle) released it from its exclusive cloud compute deal. Nevertheless, per The Information, OpenAI still intends to spend $13 billion on compute on Microsoft Azure this year. What's confusing, however, is whether any of this is booked as revenue. Microsoft claimed earlier in this year that it surpassed $13 billion in annual recurring revenue — by which it means its last month multiplied by 12 — from artificial intelligence. OpenAI's compute costs in 2024 were $5 billion, at a discounted Azure rate,… As a result, it's hard to say specifically where OpenAI's revenue sits, but based on an analysis of Microsoft's Intelligent Cloud segment from FY23 Q1 (note, financial years don’t always correspond with the calendar year, so we just finished FY25 Q2 in January) through to its most recent earnings, and found that there was a spike in revenue from FY23 Q1 to FY24 Q1. In FY23 Q1 (which ended on September 30, 2022, a month before ChatGPT's launch), the segment made $20.3 billion. The following year, in FY24 Q1, it made $24.3 billion — a 19.7% year-over-year (or roughly $4 billion) increase. This could represent the massive increase in training and inference costs associated with hosting ChatGPT, peaking at $28.5 billion in revenue in FY24 Q4 — before dropping dramatically to $24.1 billion in FY25 Q1 and raising a little to $25.5 billion in FY25 Q2. OpenAI spent 2023 training its GPT-4o model before transitioning to its massive, expensive "Orion" model which would eventually become GPT 4.5, as well as its video generation model "Sora." According to the Wall Street Journal, training GPT 4.5 involved at least one training run costing "around half a billion dollars in computing costs alone." These are huge sums, but it’s worth noting a couple of things. First, Microsoft licenses OpenAI’s models to third parties, so some of this revenue could be from other companies using GPT on Azure. And there’s also other companies running their own models on Azure. We’ve seen a lot of companies launch AI products, and not all of them are based on LLMs. Muddling things further, Microsoft provides OpenAI access to Azure cloud services at a discounted rate. And so, there’s a giant question mark over OpenAI’s contribution to the various spikes in revenue for Microsoft’s Intelligent Cloud segment, or whether other third-parties played a significant role. Furthermore, Microsoft’s investment in OpenAI isn’t entirely in cold, hard cash. Rather, it has provided the company with credits to be redeemed on Azure services. I’m not entirely sure how this would be represented on accounting terms, and if anyone can shed light on this, please get in touch. Would it be noted as revenue, or something else? OpenAI isn’t paying Microsoft, but rather doing the tech equivalent of redeeming some airmiles, or spending a gift card. Additionally, while equity is often treated as income for tax purposes — as is the case when an employee receives RSUs as part of their compensation package — under the existing OpenAI structure, Microsoft isn’t a shareholder but rather the owner of profit-sharing units. This is a distinction worth noting. These profit-sharing units are treated as analogous to equity, at least in terms of OpenAI’s ability to raise capital, but in practice they aren’t the same thing. They don’t represent ownership in the company as directly as, for example, a normal share unit would. They lack the liquidity of a share, and the upside they provide — namely, dividends — is purely theoretical. Another key difference: when a company goes bankrupt and enters liquidation, shareholders can potentially receive a share of the proceeds (after other creditors, employees, etc are paid). While that often doesn’t happen (as in, the liabilities far exceed the assets of the company), it’s at least theoretically possible. Given that profit-sharing units aren’t actually shares, where does that leave Microsoft? This stuff is confusing, and I’m not ashamed to say that complicated accounting questions like these are far beyond my understanding. If anyone can shed some light, drop me an email, or a message on Twitter or BlueSky, or post on the Better Offline subreddit.
June 26, 2025 at 1:08 AM
petertl.bsky.social
Reminds me of the startups in the dotcom bubble era which engaged in dodgy “roundtripping” deals to boost each other’s revenues. The added bonus here is that the company is controlled by the President’s family.
www.nytimes.com/2025/04/29/u...
But World Liberty’s public pronouncements omitted a key aspect of its private pitch to several crypto startups, executives at these companies told The Times. World Liberty wanted to sell its own coin — not just to invest in others’. It was proposing a currency swap. Here is the deal World Liberty offered, according to executives at three crypto firms approached by the company: The startups would spend between $10 million and $30 million on a large chunk of World Liberty’s coins. In return, World Liberty would buy a smaller amount of each startup’s own cryptocurrency. World Liberty would keep the rest of the money for itself — a premium as high as 20 percent.
April 30, 2025 at 10:47 AM