Anuj Dhawan

Curious

[Anuj Dhawan @adhwn]

@Patterns0001 Please share the inflation adjusted chart since 2010.

[Anuj Dhawan @adhwn]

Check out my latest article: The RBI's Hidden Balance Sheet https://t.co/0vfi70FYd0 via @LinkedIn

[Anuj Dhawan @adhwn]

@deepakshenoy Look at the RBI short position on the dollar. It’s 100 bn plus. Part of this will go into managing that.

[Anuj Dhawan @adhwn]

@deepakshenoy Not so slow afterall!

[Anuj Dhawan @adhwn]

@deepakshenoy My sense is it’s a lot more than 5. However only one way to settle this: when the RBI releases the final figures. Liquidity although will take a hit in Sep due to advance tax.

[Anuj Dhawan @adhwn]

@aravind Sir, pleas read more from prof @subhash_kak . He has mathematically proven it can’t be.

[Anuj Dhawan @adhwn]

Masa hai to mumkin hai!

[Ed Zitron @edzitron]

SoftBank’s investor presentation is one of the greatest things ever made. I’ve been thinking about it all day. These are the real slides shown in a speech where Masayoshi Son said he wouldn’t retire for at least another decade. The goose stuff is perfect.

https://t.co/sk9cDhdWIE

[Anuj Dhawan @adhwn]

If all the wealth managers understood how to double money risk free in 3 years through the FCNR scheme, the equity and real estate markets in India would crash overnight!

#fcnr #wealth #riskfree

[Anuj Dhawan @adhwn]

What is the process to declare an organisation rogue?

[Elon Musk @elonmusk]

USAID funding was central to the creation of COVID-19

[Anuj Dhawan @adhwn]

Across the board issue - the need for approval has hurt us beyond measure.

[Parimal @Fintech03]

The West removes ancient experiential wisdom from its cultural context, maps it to a molecular pathway & names it something like Autophagy (which got a Nobel in 2016)/Intermittent Fasting and suddenly it is ‘science’. If our Indian grandma tells us to fast on Ekadashi, she is a backward dogmatist. But when Dr. Valter Longo does this for us in a Cell Stem Cell journal, it becomes a major medical breakthrough.

When Ayurveda says Langhana (fasting) fires up Agni which burns Ama, they were indeed naming the very same phenomenon as Dr Longo. Ayurveda witnessed the forest: “When we stop putting wood in the fire, the fire burns the dead leaves inside the house.

Modern Science says: “Glucose depletion negatively impacts the PKA pathway, activating a decrease in IGF-1 & initiating regeneration with hematopoietic stem cells.”

Looking at the same mountain from 2 different angles shows two interpretations. 1 describes a user manual for life; the other a chemistry breakdown of the machine.

Modern peer review is a gatekeeping mechanism with deep ties to the Western pharma & academic economy. Producing a scientific paper requires significant financial resources to support research, publication & distribution.

There is no profit in telling people to eat nothing. Therefore, for decades, Western science actively ignored fasting research because it did not feed the trillion-dollar pharmaceutical pipeline.

The moment it became clear that fasting could complement chemotherapy, reducing the toxic side effects of multi-billion dollar oncology drugs, suddenly funding appeared, papers were reviewed, and it became "validated."

The West will continue to "discover" what India always knew. The goal for young India now is to stop waiting for a Western certificate of approval. We need to fund our own clinical research, study our own texts with scientific rigor & reclaim the narrative before it is packaged & sold back to us in a capsule.

[Anuj Dhawan @adhwn]

@HelloVyom My awe about the software’s capability is equally balanced by my concern about the author’s willingness to agree to whatever is being delivered automatically.

[Anuj Dhawan @adhwn]

Interesting take on the bureaucracy in India.

[Chinmay A. Singh @chinmay]

Indians are blaming Infy/Murthy/Nandan for a lack of home-grown LLM. But that blame is misplaced. Infy/Murthy/Nandan could never start an AI company. They had money and they could have fund something. But that again, is their money and why should they risk it?

The real culprit here is Amitabh Kant and other IAS like him. These are the people, why I left India and started two companies in the US. These are the people, why much of Indian talent left to work for US based companies. And these folks did well.

Let's say the government gives me $10B and ask me to set up an AI lab in India. Am I qualified to do it? YES. Will I do it? HELL NO

And you would ask why? Some would say that I have a cozy life in the US. Some would say, I have deep connection in the US, including family. All of that is correct but does not pin point the reason why I wont start a company in India.

The real reason is Babu. Unlike, many In India who think competing for 1000 seats using some bullshit essay writing contest makes Babu some wizard, I have not come across one, I will hire as an analyst. Under no circumstance, I am gonna report to a babu (Happy report to Dharmendra Pradhan or Smriti Irani though). Also, under no circumstances, I will accept a position where I am unable to fire and put an IAS in jail if they reported to me and indulged in some corruption.

Till this babu problem is fixed, no NRI would come to India. If I were the CIA or CCP, trying to ensure that India does not gain AI independence, I would make every effort to protect Babu fiefdom.

[Anuj Dhawan @adhwn]

@Iamsamirarora Positive move - but arent we changing the field vs bowling to our field?

[Anuj Dhawan @adhwn]

Absolute gold. Not many people have a better view of AI than the head of IBM.

[ Q-Cap  @qcapital2020]

This is an excellent interview btw

Nicolai (Norwegian Sovereign Wealth Fund CEO) asks the IBM CEO if AI a bubble

Listen very very carefully to his answer

[Anuj Dhawan @adhwn]

@malpani Thanks for clarifying. It will indeed be very interesting to see if these promoters are willing to lose their credibility over the said amounts. Very informative perspective.

[Anuj Dhawan @adhwn]

@AmazonHelp Removed

[Anuj Dhawan @adhwn]

Grok: “This isn’t identical to 2000, but it rhymes in the classic bubble ingredients: transformative tech narrative + easy capital + financial engineering to juice metrics + high valuations baking in optimistic adoption curves.”

#bubble #valuations #2000-02

[Bull Theory @BullTheoryio]

🚨 THE ENTIRE AI BOOM MIGHT BE BUILT ON FAKE REVENUE.

Latest corporate filings show that OpenAI and Anthropic alone make up over half of the entire $2 trillion future cloud backlog held by Microsoft, Oracle, Google, and Amazon.

This massive pipeline is actually being created through a circular accounting trick called a round trip revenue loop.

But how it works ?

A tech giant gives billions of dollars to an AI startup as an "investment". But hidden in the contract is a strict rule forcing the startup to hand that exact same money straight back to the tech giant to rent their computer servers.

Look at the documented case of Microsoft and OpenAI.

When Microsoft invested $13 billion into OpenAI, it didn't just give them cash; it gave them "cloud credits" to use Microsoft servers. OpenAI used those exact credits to train its AI models, and Microsoft then turned around and recorded that server usage as brand new "cloud revenue" from a customer.

The tech giant is literally paying itself with its own money and calling it a sale.

This is why OpenAI’s annual cloud bill has ballooned to over $60 billion, double its actual revenue of $25 billion, kept alive solely by this recycled funding loop.

Anthropic runs the exact same play, spending $2.66 billion on Amazon Web Services in just nine months, which was basically 100% of all the money it earned at the time.

This manufactured demand triggers a second accounting trick where tech giants book massive paper profits. Every time a startup gets a higher value from a new funding round, the tech giant updates the value of its investment on its books and counts that unearned paper gain as direct profit.

In Q1 2026, Alphabet reported a record $62.6 billion profit, but $28.7 billion nearly half, was just a paper markup on its Anthropic investment. In the same quarter, Amazon reported $30.3 billion in profit, but $16.8 billion of it was just an Anthropic paper gain.

While Amazon reported record profits, its actual free cash flow collapsed 95% to just $1.2 billion because it had to spend $44.2 billion in real cash to build physical data centers.

This has created a massive danger where these giant companies rely heavily on just one or two unstable startups. Microsoft has 49% of its $627 billion future backlog tied to OpenAI, while Oracle has an incredible 54% of its entire $553 billion pipeline relying on OpenAI alone.

This perfectly mirrors the 2001 dot-com crash when Global Crossing and Qwest Communications swapped identical fiber-optic network capacity with each other just to book fake sales.

Qwest had to erase $1.4 billion in fake income, and Global Crossing went completely bankrupt.

The only difference is that the dot-com swaps were illegal, but today's AI loop is fully legal under current accounting rules.

This legal loop inflates tech company stock prices, forcing automatic retirement accounts and index funds to buy even more of these tech stocks. It is a self feeding loop where investments, sales, and stock prices all go up on paper without the AI technology ever making real cash profits.

[Anuj Dhawan @adhwn]

Still stuck @OfficialDMRC what’s the issue and what is the expected time for resolution?

[Anuj Dhawan @adhwn]

@OfficialDMRC Massive delay on the Magenta line. Been stuck for over 15 mins