AI build out is just a way for cloud providers to keep customers since you can't get hardware for your own on-prem setup
yalogin 1 hours ago [-]
What does this mean in the larger landscape though? Every company is using AI or trying it out, are they not using the cloud services for it? If so is it still not a big enough pie to show?
mapping365 44 minutes ago [-]
It means it is very fragile. Now if you consider that this probably Nvidia's money doing a circuit, it looks even more dicey.
grebc 49 minutes ago [-]
If Microsoft only has 1 customer, and that customer blows up/fades away, what happens to all their capex?
mapping365 3 hours ago [-]
It's all fugazi.
grebc 2 hours ago [-]
Fuhget about it.
HarHarVeryFunny 2 hours ago [-]
What about Google and Amazon I wonder ?
How much of their cloud/AI revenue is organic reflecting actual business usage, and how much from Anthropic, especially for Amazon ?
mapping365 42 minutes ago [-]
It's largely the same. And it's Jensen circular deals that providing the cash in the first place.
How much of their cloud/AI revenue is organic reflecting actual business usage, and how much from Anthropic, especially for Amazon ?
https://www.wheresyoured.at/the-ai-demand-bubble/
AI as a tool is useful and will stick around but the funding acrobatics along with 0 moat is going to end with some major losers.