Chamath Palihapitiya told the All-In Podcast that the three major hyperscalers now control roughly 60% of all compute and have a strategic incentive to throttle OpenAI and Anthropic, a setup he called a “five-alarm fire” for the two leading frontier labs.
The Social Capital chief compared it to the collapse of Friendster, which lost the social networking race to MySpace and Facebook after it could not keep its site up.
Revenue at the frontier labs could hit a wall “not because of product quality and adoption” but because of “the Friendster effect,” he said.
Shares of Bloom Energy Corp. (NYSE:BE) have gone “absolutely straight up vertical,” Palihapitiya said, as developers rush toward on-site natural gas power that sidesteps grid queues.
Nvidia Corp. (NASDAQ:NVDA) and CoreWeave Inc. (NASDAQ:CRWV) remain the …
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