BIS Report Reveals 46.4% of AI Investments Tied to Supply Chain Relationships
· Source: kucoin.com
In short
A new Bank for International Settlements research brief, "Circular Relationships Among AI Companies," finds that 46.4% of disclosed investment value between AI companies is tied to simultaneous supplier-customer relationships. Drawing on 1,246 AI firms across five segments and 972 internal investment relationships from 2021–2025, the report shows capital and commercial flows increasingly converge, especially in compute and infrastructure. The network complicates demand visibility, revenue quality and risk distribution, echoing the telecom equipment financing cycle of the late 1990s.
Read Original Article — Read the full article on the publisher’s site.
In the issue of week 41, 2026: AI Moves Supply Chains From Planning Toward Execution, But Data and Capacity Set the Pace
Tags: supply chain, investment, infrastructure, compute, risk, semiconductors