Usman Salis
A recent viral chart by Shay Boloor shows what many are calling the AI "infinite money glitch" - a $100 billion cycle where OpenAI pays Oracle for infrastructure, Oracle buys NVIDIA chips, and NVIDIA supplies the hardware that powers OpenAI's models. It's a neat triangle that Wall Street loves, and you can see that love reflected in these companies' sky-high valuations. But here's the thing: the most important AI player might not even be in this famous triangle.
Google's Missing Piece
What's fascinating is that Google ($GOOGL) doesn't appear in this viral diagram, yet it operates across virtually the entire AI value chain. The company designs its own Tensor Processing Units (TPUs) that compete directly with NVIDIA's GPUs. Through DeepMind and Google Research, it develops cutting-edge AI models that rival anything OpenAI produces. And when it comes to distribution, Google controls some of the most powerful AI delivery channels on the planet - Search, YouTube, Android, and Workspace reach billions of users daily.
Despite all this, investors still see Google primarily as an advertising company. They're overlooking the fact that its AI infrastructure and capabilities match or even exceed those of its more hyped competitors. The market seems mesmerized by the flashy money loop while ignoring the company that might actually be best positioned for long-term AI dominance.
The Real Opportunity
Here's what makes Google interesting from an investment perspective: its balance sheet is stronger than Oracle's, its reach is broader than OpenAI's, and its chip strategy runs deeper than most people realize. While Wall Street obsesses over NVIDIA's chip sales and Oracle's big enterprise deals, Google has been quietly building an AI empire that spans hardware, software, and distribution.
The viral "money glitch" diagram is clever marketing for showing capital flows in AI, but it might be distracting investors from the company that's actually best positioned to win in the long run. For investors looking beyond the hype, Google could represent the most underpriced opportunity in the AI space - a stealth winner hiding in plain sight.
Usman Salis
