Eisman sees AI capex chain hinging on OpenAI and Anthropic
Steve Eisman, who bet against subprime, argues the AI capex behind half of US growth depends on two money-losing companies, while private credit risks look painful but not systemic.
Loading articles…
The complete subject coverage could not load. Published articles remain below.
Anthropic's run rate tops OpenAI's at under half the valuation
Hosts Deborah Taylor and Graham Smith weigh whether OpenAI's owned compute justifies its premium over Anthropic's enterprise-heavy, leased model, and whether either's IPO valuation implies a winner-takes-all market.
Eisman sees Anthropic's growth slowing against $800 billion of commitments
Steve Eisman reads Anthropic's S1 and a week of weak tech earnings as evidence the AI token-maxing boom is fading while commitments, debt costs and power constraints mount.
Bill Ackman says permanent capital is his edge in short-term markets
Pershing Square's Bill Ackman, questioned by Norway's sovereign wealth fund CEO Nicolai Tangen, argues that permanent capital is an edge as AI and indexation shorten everyone else's horizons.
Anthropic's $1.48 trillion valuation rests entirely on sustained growth
An investor valuing Anthropic's newly filed prospectus finds the same data supports both bull and bear readings, while a founder-controlled governance structure complicates any price he would pay.
Google's real search threat is agentic AI, not chatbots
An investor-focused analysis of Google weighs whether its search profits can survive the AI transition while a roughly $200 billion capex buildout bets that cloud demand never overshoots supply.
Resilient market now demands proof AI spending pays off
Bloomberg Businessweek Daily host Alexis Christoforous and guests examine a market that has shrugged off war and $100 oil but scrutinizes whether AI and content spending will pay off.