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Ed Zitron cites bank estimates of hyperscaler reliance on OpenAI and Anthropic

Tom Bilyeu Impact Theory · Wall Street Analysts Are Comparing This To Enron — We Had To React · August 11, 2026
Ed Zitron cites bank estimates of hyperscaler reliance on OpenAI and Anthropic
Tom Bilyeu Impact Theory
Tom Bilyeu Impact Theory
Wall Street Analysts Are Comparing This To Enron — We Had To React
"UBS estimates that 27% of Google Cloud's revenue this year will be OpenAI and Anthropic, increasing to over 48% next year. That is a remarkable amount of money."
Researcher Ed Zitron says UBS estimates OpenAI and Anthropic will account for 27% of Google Cloud revenue this year and more than 48% next year. He argues investors in Microsoft, Google and Amazon should scrutinise whether AI-related cloud demand is as diversified as markets assume, or concentrated in a small number of cash-burning customers.
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Tom Bilyeu Impact Theory
Tom Bilyeu Impact Theory

Wall Street Analysts Are Comparing This To Enron — We Had To React

August 11, 2026 · 50m · 4 Egleze moments
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