Seth Fiegerman

So TBD, how much Anthropic is actually planning to bring in here?

This is the new normal.

It's a bottomless need, and everyone is tapping everyone else.

All the ships have to rise together or else they fail.

Yeah, I mean, again, this is not an either-or model.

It's a yes-and.

You know, I think we've seen OpenAI turn to Anthropic's backers, namely Google and Amazon.

So Anthropic is...

doing the same.

Now, there's a lot of intrigue there about what that means about the Microsoft opening our relationship.

But again, at this moment, everyone is tapping everyone else until the music stops.

That's right.

I do think Anthropic, though, has messaged clearly in the last week or so that while they're kind of playing the opening playbook here, we're investing heavily in infrastructure, in chips, building out more.

We're doing it on a smaller scale.

Now, as I said the last time I was on,

$15, $20, $50 billion.

These are massive sums, but when you compare it to opening eyes, $1.4 trillion, a bit more measured.

That's right.

So at the same time that Google has been helping Anthropic and OpenAI compete, they're also still trying to be the best model on the market.

And so I think with Gemini 3, they're really touting their gains in coding and in mimicking the process of human reasoning.