alt Hacker NewsOn a side note, these are pretty hefty portions of the total revenue of these companies. 161B with Broadcom over 5 years is about 32B/year; that's fully half of their 2025 revenue. 120B with SpaceX over 3y is 40B a year, more than double their 2025 revenue and almost triple 2024. 114B with Google over 7 years is about 3% of their total revenue and about 1/4 of all Cloud revenue. 110B with Amazon is about 9% of their AWS revenue.
If Anthropic's revenue story doesn't materialize and the AI bubble bursts, these companies are in a world of hurt. It's probably not fatal for Google or Amazon but would be a major drag on the stock price (perhaps why Google has dropped from 400 to 315 over the last couple months as the AI story soured), and it could be company-ending for Broadcom or SpaceX if they end up building out infrastructure to service these commitments.
I remember before I left Google, one of the TGIF questions (which are now AI syntheses of many peoples' individual opinions) was "What happens if AI is a bubble and it bursts?" His response was "If that happens, the whole industry is in trouble." I see now what he meant.
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No the biggest problem will be investors will demand much higher dividends aka cash return..... how will alphabet continue to fund its projects with ever decreasing internal cash flows available after dividends? If the founders decide not to come good on this - the stock price will crash. If much of your employees compensation is stock based...? i have bad news for you
wait what, how is Broadcom worth so much with so little revenue?
SpaceX will just use the compute directly if they don't have buyers. They are already talking about the data center shortage as well because they can't get capacity elsewhere either. It's a weird problem to not be able to use your own data centers because you rented them out.
Between SpaceX, Starlink, Tesla, Neuralink, X, Grok, Grok Bot & Cursor there's not a demand shortage.
Grok Bot's the fastest growing product in the history of the company and the moment you use it, it's clear why. Took me about 1-2 days to realize I'd have a very hard time going back to not having it available.