Google funds Anthropic
          |
          v
 Anthropic promises to rent Google's TPUs
          |
          v
 Google guarantees the infrastructure
 needed to fulfil Anthropic's promise
          |
          v
 Wall Street lends against Google's guarantee
          |
          v
 Borrowed money buys Google-designed TPUs
          |
          v
 The TPU purchases "prove" demand for Google TPUs
          |
          v
 Anthropic's compute capacity and valuation rise
          |
          v
 Google's investment in Anthropic rises in value
          |
          v
 Higher valuations justify still more financing
          |
          +--------------------------------------+
                                                 |
                                                 v
                                           DO IT AGAIN