Big Tech reported Q2 "other income" rose significantly to $160B+, driven by investments in AI companies, raising concerns of paper gains overstating the AI boom (Financial Times)

Financial Times:
Big Tech reported Q2 “other income” rose significantly to $160B+, driven by investments in AI companies, raising concerns of paper gains overstating the AI boom  —  Analysts say large paper windfalls on investments in OpenAI, Anthropic and SpaceX have muddied the tech sector's earnings metrics

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