Zaid Admani

You know, it seems to be Anthropic's response to Open Claw, which went super viral earlier this year in the AI nerd community.

In fact, Nvidia's CEO, Jensen Huang, called Open Claw a major step forward in how people interact with AI.

It got so popular that Open AI ended up buying Open Claw.

So there's a land grab happening right now for the next phase of AI.

I think Anthropic is making a big push to take market share from OpenAI.

Like me personally, I use Claude like 70% of the time these days.

Let's shift gears and talk about Nintendo.

According to Bloomberg, Nintendo is cutting the production of their Switch 2 console by more than 30% after a disappointing holiday season.

The company now plans to produce about 4 million units this quarter, down from the 6 million it originally expected.

Now, here's the thing.

The Switch 2 had an incredible launch.

When it came out back in June of last year, it sold over 17 million units in its first year, making it the most successful hardware debut in Nintendo's history.

But that momentum didn't carry into the holiday season, especially in the U.S.,

Now, a part of the problem is the price tag.

The Switch 2 is pretty expensive at $450.

But also, there hasn't been any must-own games.

Like, for example, Metroid Prime 4, which came out in December, was a disappointment, selling less than a million copies in its launch month.

So investors have taken notice.

Nintendo's stock has lost about 28% of its value since the Switch 2 came out back in June.

And the stock lost another 6% in Tokyo after reports of the production cutbacks.