Bloomberg
Nothing Nefarious With 'Circle Financing': Dorrell
Wednesday, July 29, 2026
Mike Dorrell, chairman, CEO, and co-founder of Stonepeak, stated on Bloomberg Deals that circular financing arrangements in AI investment carry no problematic implications. Nvidia is pursuing a new round of AI deals valued at more than 750 billion dollars. Bloomberg reported that skeptics have warned such transactions may artificially inflate demand and valuations across the industry, and that they have left many AI companies increasingly interconnected.
