Mark Gurman

Sometimes years in advance, they have these deals struck.

So they're working off of numbers and pricing and materials here that really give them extensive pricing power over competitors.

So we'll hear more about that on the call today, but it seems like they're fine.

Yes.

I said long term.

Right.

And I'm talking really long.

OK.

The little the little the really long term here.

Right.

Like at some point there is going to be a need to fulfill these AI desires.

And, you know, they're going to have to figure that out.

It's not that they're waiting it out.

It's that they have no choice.

They have nothing internal.

It's not that they're waiting it out.

It's that they need to do it.

And so they're partnering with the best partner they can that's going to offer them the best pricing power, which for now is Google.

They initially wanted to work with Anthropic, but from a pricing standpoint, that didn't work out.

They couldn't work with OpenAI because they're, you know, hardcore competitors at this point.