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Expansion● Neutral for Indian equities
Anthropic eyes $518 billion AI buildout; backed by 80% non-cancellable deals
The brief
- Anthropic plans to spend at least $111.1 billion with Google, $110 billion with Amazon and $31.4 billion with Microsoft
- The planned AI buildout totals $518 billion; 80% is backed by non-cancellable deals
- Wall Street rises as investors buy AI stocks; Microsoft rallies
- Bill Gates warns AI could enable events causing a billion deaths
- Big AI reset ahead? Chris Wood doubts hyperscalers’ $990 bn capex estimates, highlights India’s reverse AI trade advantage