Why would bedrock sell at a loss?
Because Amazon needs to justify $175bn of yearly capex spending and $2.5tn of market cap? Amazon owns a big chunk of Anthropic and a bit of OpenAI.
For Magnificent 7 the AI bubble bursting will probably wipe out 30-50% of their valuations until the next tech cycle begins.
alt Hacker News
Because Amazon needs to justify $175bn of yearly capex spending and $2.5tn of market cap? Amazon owns a big chunk of Anthropic and a bit of OpenAI.
For Magnificent 7 the AI bubble bursting will probably wipe out 30-50% of their valuations until the next tech cycle begins.