Jaeden Schafer

Because, of course, these two are direct competitors.

And earlier this month, Amazon also introduced the latest version of their Tranium AI chips, and they also previewed the next generation, which I think is really making the point that Amazon and AWS is really focusing on their cloud ecosystem.

They really want to be the place where AI companies train their models.

It's, it's interesting, too, because when we say AI companies, like a lot of people are like, well, you know, they're investing heavily in Anthropic and OpenAI, because they want to show everyone else that look, if we put all of this, you know, if the big companies like Anthropic and OpenAI are training on our, you know, with our training AI chips, and they're training on AWS, and they're using like our infrastructure, then everyone else is going to want to come over.

What I think is also interesting to note here is there's only five or six players in this race that are is like that are these gigantic companies and Google is going to use all of their own stuff.

Microsoft is going to use all of their own stuff.

You have OpenAI and Anthropic who are obviously the, you know, far out and ahead.

It seems like Grok and XAI are kind of trying to do their own stuff.

So it's interesting because I think that argument is less of an argument for why they'll make these big deals.

I don't think it's so much just so that, you know, everyone else wanting to train AI models will choose them.

Because, like, OpenAI and Anthropic are such a massive part of the market.

Like, sure, what?

They want to, like, scoop up the other 40% of the market that isn't Anthropic and OpenAI and Google and Meta and...

and and xai so like i just think i don't know if that's the exact reason i think they really truly do want a piece of opening i they want the circular deal where they were getting more money back into their ecosystem and it's going to boost their stock price this is just a couple months after opening i completed its uh transition to a for-profit company

This is something that gives them a lot more flexibility to do capital raises that Microsoft doesn't have to approve of.

I think this is one of the earliest backers and holders.

They have a 27% stake.

Microsoft is a 27% stake in OpenAI to date.

So this Amazon investment would be pretty big.

And it's also something that might only be possible now that they're...