The AI goes straight, it goes back to the Anthropic worries that's crushed software this year. We continue to view it as a good trade. Last week's Anthropic event will be the start of a bottoming event.
You've read the training report from a couple of weeks ago that sparked these software worries. What's your take on that scenario? Is it too much doomsday?
Host
Dan Ives
I believe we're in the early days of an AI revolution and what's going to be a secular tech bull market.
As it relates to risk to software, is there a way to differentiate ones that are more at risk versus less at risk?
Host
Dan Ives
The most disconnected of all is software cybersecurity. Nothing is replacing that - it increases the surface area and the models are going to have to be protected.
How does the Iran conflict catalyst further upend what we're seeing in the tech space at the moment?
Host
Dan Ives
The capex dollars are going to continue to increase and even though you're going through these jitters, that's not going to stop - that's going to continue to accelerate.
How do you put in context Anthropic and OpenAI's discussions with the government, particularly the Pentagon, about how technology is used?
Host
Dan Ives
Anthropic touched the third rail. They're trying to backtrack with apologies but you cannot tell the government. There needs to be guardrails.
Are we going to get Anthropic and OpenAI IPO in 2026?