Ed Ludlow

Anthropic relies on TPUs.

Amazon, from a software perspective, has tried to accommodate all the players on its bedrock platform, which is basically a workplace where you can either train or build on top of existing models.

So the financials are there.

If people are watching that are investors in those companies, phone me, explain the dilution to me, explain the post and pre-money valuation.

But

OpenAI needs capital.

It is coming from multiple places, apparently.

And one would imagine, based on the reporting that's been done by Bloomberg and others, this is a big, large anchor round before a future IPO as well of some part of the OpenAI entity.

So let's talk about a couple of the areas that you highlighted there.

One is China, and another one is the sort of the concerns that people had about memory chips in this quarter and the rising prices of memory chips.

How was Apple able to navigate this so it didn't hit its margins like people thought it would?

They call me Tim Apple, in fact.

OK, do we know yet how Apple was able to beat expectations in China?

Once again, for the first quarter, the most recent quarter, greater China revenue came in at twenty five point five three billion dollars.

Twenty one point eight two was the estimate.

You said it minutes ago.

It is back in China.

You're holding up an iPhone right now.

That's what they did.

It was the iPhone 17 orange.