Anthropic's Raise & What It Means for Potential IPO? Mag7: Google & Amazon Up, Meta & Microsoft Down
The 'Mag 7' tech giants just completed the most aggressive quarter in capitalism, deploying $700 billion in AI capex and accelerating growth at massive scale, yet they risk becoming commoditized infrastructure providers for private AI labs like OpenAI and Anthropic while their own AI initiatives mask flat core businesses.