It has zero network effects and barely any economies of scale. It's a good product without a moat which will get replaced by any company with their own compute and cheaper energy.
I think the only way out for Anthropic is to buy a few neoclouds as they go under, but even then it's a coin flip as to if they survive the next 3 years.
I think the only way out for Anthropic is to buy a few neoclouds as they go under, but even then it's a coin flip as to if they survive the next 3 years.