Bloomberg Surveillance · Tuesday, September 29, 2026
Dan Ives believes Anthropic's upcoming IPO will be a significant event for the tech sector, despite potential concerns about customer concentration. He argues that in the current AI build-out phase, concentration with hyperscalers is expected and will likely expand over time.
“This will be a watershed event for the tech sector and the market.”
“Yeah, I mean, look, the nature of the hyperscalers and just what we're seeing on the GPU. Side, it's going to be concentrated now. But I don't think that that's necessarily that much of an issue.”
“I think investors understand in this AI build-out, it starts with a small group and it's going to expand. Because remember, we're still expanding. third inning of the AI revolution.”