The Nvidia Microsoft Anthropic deal continues to prove that demand, need for compute is strong and that the ecosystem is growing as any ecosystem should grow.

Nvidia continues to take shares on appreciating assets in exchange for its expertise and hardware.

Microsoft does the same in exchange of its compute - which is then externalized to $NBIS and other neoclouds to some extend.

Anthropic gains access to a large market for its model and "cash-less" deals to expand and improve its service.

If AI ends up being monetized and deployed all around the world, a few red days in the market won't change the structural shift in tech that these kind of deals will create.

The market's short term pessimism is only a phase and I remain bullish.