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But we saved everything 🙂.
Harry Stebbings discusses a week of major technology sector developments, focusing on key financial moves.
He highlights Anthropic's commitment of $200 billion to Google for compute resources, Anthropic's purchase of compute from Elon Musk, and Cerebras's IPO plans. Ramp's latest valuation milestone of $40 billion is also noted as part of the significant financial news this week.
Stebbings has previously explained Anthropic's challenge in compute investment, noting that $4–5 must be allocated upfront for each revenue dollar here. In an earlier piece, he pointed to early-stage venture increasingly favoring a few major winners here. These trends continue to shape capital allocation in the technology sector.