Anthropic and OpenAI are making great money and are compute-constrained; if they had twice the compute, revenues would quadruple due to massive demand from enterprise users, consumers, and startups.
$660 billion will be spent by hyperscalers this year, which is remarkable but completely justified based on what we see, as evidenced by Amazon's recent report.
Speaker2
Speaker1
The massive hyperscaler spending is appropriate and sustainable because all these companies' cash flows are going to start rising; we're addressing the largest software opportunity in history.