$GOOGL

The narrative that Anthropic is using $GOOGL TPUs and $AMZN Trainium right now because Anthropic needs their investment is completely wrong (but that might have been the case a few years ago). Anthropic right now can get any money it wants for funding. They went from $9 billion to $44 billion ARR in 4 months. The demand to invest in Anthropic is crazy (try getting allocation for the latest round). Anthropic recently signed +8GW of new deals for TPUs and Trainium. Why did they choose to sign big compute deals with both ASICs? Because they WORK and efficiently generate tokens. For big AI labs and companies, both TPUs and Tranium chips are serious alternatives to $NVDA. For others, $NVDA will still dominate most of the AI workloads, because $AMZN and $GOOGL can't scale up their supply chain