Bloomberg Surveillance · Wednesday, July 1, 2026
Angelo Zeno believes the demand for AI services will continue to grow due to new users and increased frequency of use, especially as enterprises adopt AI. He acknowledges the rise of low-cost Chinese open-source models but is optimistic that increasing compute per use and new use cases will sustain growth, even with potential pressure on hyperscaler service costs.
“I mean, that's that's a great question. I mean, I think when you kind of think about just how this all this plays out, I mean, we continue to we don't think there's an end insight in terms of the new use cases that you know, when we think about the what is driving demand, right, it is the fact that you're going to continue to get new users that start adapting to AI usage.”
“So, you know, I think it's an interesting point. I think, you know, when it's all said and done, I don't think it's going to kind of stop when we stop the act AI usage and kind of the adoption of AI and what the potential here is going to be.”