Big Tech announced $650B in capex plans this week, with Amazon alone at $200B. AI models are disrupting industries like legal services and now targeting financial analysts.
Francine Lacqua
Matt Bloxson
This is an overwhelming time for investors. The pace and complexity of change fueled by AI is incredible and unprecedented, creating a risk-off moment.
Matt Bloxson
Amazon's $200B capex number was almost inevitable. Companies have to follow if one goes big on capex or give up future market opportunity.
Matt Bloxson
There's a stronger sense we've gone a bit too far. In hindsight, companies often spent too much but had no other choice, which affects multiples.
Matt Bloxson
Anthropic's capabilities are fairly limitless—a generic set that can be tailored to different industries like financial services.