Anthropic Demands Eight Hundred Billion Dollars For AI

Anthropic insists humanity cannot afford not to spend eight hundred billion dollars on artificial intelligence. The company claims it matters more than chips, electricity, and the net combined. And here is the catch, because the payoff might be strictly limited to Big Tech. The Magnificent Seven are galloping off with the profits while the rest of the S&P 500 see zero benefit. Private equity giant Apollo warns the financial returns are narrow.