September 25, 2026 at 9:18 PM
Hell yeah dude. Great image. This industry is so stable! It’s okay that this whole thing falls apart if a single link in the chain breaks! It’s good that the customers of these data centers are so poor that NVIDIA needs to backstop it. It’s ideal in fact.
www.wsj.com/tech/ai/why-...
www.wsj.com/tech/ai/why-...
August 12, 2026 at 2:21 AM
Hell yeah dude. Great image. This industry is so stable! It’s okay that this whole thing falls apart if a single link in the chain breaks! It’s good that the customers of these data centers are so poor that NVIDIA needs to backstop it. It’s ideal in fact.
www.wsj.com/tech/ai/why-...
www.wsj.com/tech/ai/why-...
July 20, 2026 at 4:13 PM
How to give your local friendly anti-money laundering officer a headache
September 22, 2026 at 12:55 PM
How to give your local friendly anti-money laundering officer a headache
I don’t think people realise how much money he’s spending on AI lol once those Blackwell get in there he’s in hell, even if he’s done a weird SPV deal
February 6, 2026 at 3:44 AM
I don’t think people realise how much money he’s spending on AI lol once those Blackwell get in there he’s in hell, even if he’s done a weird SPV deal
Zounds shirts and hoodies available now!
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September 21, 2026 at 1:08 PM
Zounds shirts and hoodies available now!
Shirt: sam-spv-shop.fourthwall.com/products/zou...
Hoodie: sam-spv-shop.fourthwall.com/products/zou...
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SPV. 10 Millionen
March 24, 2026 at 4:57 PM
SPV. 10 Millionen
I’m a 63 year old man, I can’t tell you how much joy finding this plastic SPV gives me. Beer purely for scale. S.I.G.
September 7, 2025 at 4:59 PM
I’m a 63 year old man, I can’t tell you how much joy finding this plastic SPV gives me. Beer purely for scale. S.I.G.
#$SPCX pre-IPO buyers via SPV learn the hard way.
The Investors Whose SpaceX Shares Vanished Before They Could Cash In
One bought in to an SPV fund touting pre-IPO “exposure” to the rocket company. He was told later the shares were sold before trading began.
www.wsj.com
August 6, 2026 at 1:09 AM
#$SPCX pre-IPO buyers via SPV learn the hard way.
Häromdan när jag fick sms: ”Hej, Spv har skickat ett meddelande till dig, logga in på minmyndighetspost för att läsa det.”
Loggar in med bankid.
”Hej, Spv här, vi har ett meddelande till dig på vår hemsida.”
Loggar in på Spv med bankid.
”Hej! Du har 0 kr i pension.”
👍
Loggar in med bankid.
”Hej, Spv här, vi har ett meddelande till dig på vår hemsida.”
Loggar in på Spv med bankid.
”Hej! Du har 0 kr i pension.”
👍
February 27, 2026 at 10:46 AM
Häromdan när jag fick sms: ”Hej, Spv har skickat ett meddelande till dig, logga in på minmyndighetspost för att läsa det.”
Loggar in med bankid.
”Hej, Spv här, vi har ett meddelande till dig på vår hemsida.”
Loggar in på Spv med bankid.
”Hej! Du har 0 kr i pension.”
👍
Loggar in med bankid.
”Hej, Spv här, vi har ett meddelande till dig på vår hemsida.”
Loggar in på Spv med bankid.
”Hej! Du har 0 kr i pension.”
👍
What's an SPV?
Tech companies are using SPVs (special purpose vehicles) to hide the data center debt to keep it from affecting their stock prices. An estimated $2 trillion 🥰. What's worse its for data centers that aint even been built yet with GPUs that depreciate like used toilet paper sitting in warehouses.
September 25, 2026 at 2:05 PM
What's an SPV?
They're offloading all the debt onto special purpose vehicles (SPV) that are legally distinct entities propped up by promises from meta for decades of demand in compute. The banks take all the risk, Nvidia gets the equity and revenue, Meta gets the stock bump without the downside.
"It seems like a marvel of financial engineering: Meta is building a $27 billion data center in Louisiana, financed with debt, and neither the data center nor the debt will be on its own balance sheet."
AI Meets Aggressive Accounting at Meta’s Gigantic New Data Center
Favorable treatment off the balance sheet hinges on some convenient assumptions.
www.wsj.com
November 24, 2025 at 2:30 PM
They're offloading all the debt onto special purpose vehicles (SPV) that are legally distinct entities propped up by promises from meta for decades of demand in compute. The banks take all the risk, Nvidia gets the equity and revenue, Meta gets the stock bump without the downside.
Connecticut’s Naugatuck Railroad has repainted an SPV-2000 in its as-delivered Amtrak Phase III livery to mark the United States’ upcoming Semiquincentennial. railfan.com/naugatuck-re...
Naugatuck Repaints Amtrak SPV-2000 For America’s 250th
Naugatuck Railroad has repainted an SPV-2000 in its as-delivered Amtrak Phase III livery.
railfan.com
February 6, 2026 at 3:49 PM
Connecticut’s Naugatuck Railroad has repainted an SPV-2000 in its as-delivered Amtrak Phase III livery to mark the United States’ upcoming Semiquincentennial. railfan.com/naugatuck-re...
I need media to ask Tangen how much SPV debt we currently own.
This is 1 (!) SPV. The first one I found. And we’re in it.
July 24, 2026 at 4:07 PM
I need media to ask Tangen how much SPV debt we currently own.
It still has bubble bath in it.
April 7, 2026 at 8:32 PM
It still has bubble bath in it.
It is darkly funny, because Enron was a giant criminal enterprise of insane stupid SPV debt-sorcery. I doubt NVIDIA is doing that! I think it's more likely they shipped a bunch of GPUs without being paid/on fungible terms. I hope it's nothing weirder than that. Right? Surely not.
November 25, 2025 at 5:40 AM
It is darkly funny, because Enron was a giant criminal enterprise of insane stupid SPV debt-sorcery. I doubt NVIDIA is doing that! I think it's more likely they shipped a bunch of GPUs without being paid/on fungible terms. I hope it's nothing weirder than that. Right? Surely not.
bro you're such a chad. you know wanna know what's some sigma mindset shit though? setting up an SPV to hold all of this private equity backed debt off your company's books. enron printed so much paper with this move. ken lay was a fucking legend
finance bros gassing up a bunch of computer nerds to commit financial crimes
October 31, 2025 at 1:25 PM
bro you're such a chad. you know wanna know what's some sigma mindset shit though? setting up an SPV to hold all of this private equity backed debt off your company's books. enron printed so much paper with this move. ken lay was a fucking legend
tech sector out here reinventing the O’Hare Straddle
March 28, 2026 at 7:45 PM
tech sector out here reinventing the O’Hare Straddle
I BELIEVE - @bondhack.ft.com would know better - that a bond would just be debt for amazon vs. any kind of weird SPV stuff bsky.app/profile/jame...
November 17, 2025 at 9:43 PM
I BELIEVE - @bondhack.ft.com would know better - that a bond would just be debt for amazon vs. any kind of weird SPV stuff bsky.app/profile/jame...
Promotional photo for 1967’s “Captain Scarlet and the Mysterons” featuring three Spectrum Angel interceptors and a Spectrum Pursuit Vehicle (SPV).
May 4, 2025 at 7:15 PM
Promotional photo for 1967’s “Captain Scarlet and the Mysterons” featuring three Spectrum Angel interceptors and a Spectrum Pursuit Vehicle (SPV).
確かに異世界っぽい。住んでるひとにとっては日常なんだろうけど
nlab.itmedia.co.jp/nl/spv/2405/...
nlab.itmedia.co.jp/nl/spv/2405/...
May 13, 2024 at 5:24 PM
確かに異世界っぽい。住んでるひとにとっては日常なんだろうけど
nlab.itmedia.co.jp/nl/spv/2405/...
nlab.itmedia.co.jp/nl/spv/2405/...
April 23, 2024 at 11:18 AM