Caroline Hyde

Talk to us about how Anthropic started the week, and it felt like a very long week, but if I cast our minds back, they were part of the Google and Broadcom announcement, and the idea that they're going to be using ever more TPUs, perhaps coming from Google, which are, of course, formed by Broadcom.

How much of a need is there for Anthropic to get the compute right now?

Do you have any idea of which of the customers that are most in the need and know right now?

Because there's some reporting out there that maybe Mythos is being rolled out slowly, because these new models have to be rolled out slowly.

because there isn't the compute to satisfy all our needs.

Well, Anthropic, we've never seen a company get to $30 billion this fast, right?

And so when you think about it, Anthropic looks like a rocket taking off.

We've never seen a company, you know, they beat Google, they beat Amazon, they beat everyone, you know, to this $30 billion target.

So no one's seen this.

And what we keep hearing from everyone, including my own use of Anthropic and in OpenAI, you can see it.

They keep throttling users.

They keep trying to get you to pay more.

They've told you you've reached...

We've heard repeatedly that, you know, again, there was a big article that you guys wrote on Amy Hood stalling data center build out at Microsoft and how, you know, she hasn't publicly said this, but how they regret it.

And they wish they had built more and they just the last quarter, they don't have enough physical buildings.

Right now, the demand is so great, and it's coming from all angles.

You look at Meta, Microsoft, OpenAI, Anthropic, even Oracle.

We've heard they aren't as price aggressive, and they're not price aggressive because they don't have to be because there's really no demand, and so they can charge whatever they want.

You're seeing signals everywhere.

Again, I think this is why my group I cover is software is going straight down and why hardware and semis, memory, look at SanDisk, look at Bloom Energy, look at what's going on on all the picks and shovels of AI.