Anthropic CEO warns some AI rivals are ‘YOLO‑ing’ massive bets amid bubble concerns

At The New York Times DealBook Summit, Anthropic CEO Dario Amodei said he is bullish on AI’s long‑term potential but cautioned that some companies are taking "unwise" risks by front‑loading huge infrastructure investments before economic payoffs are clear. He contrasted Anthropic’s more conservative planning with competitors he suggested may overextend on data centers and GPUs, implicitly referencing OpenAI, and said misjudging chip depreciation timelines and demand could bankrupt aggressive players if AI revenues slow.