The speaker thinks OpenAI and Anthropic welcome others taking infrastructure risk because it is those parties' core competency, while substantial debt can increase the risk of a business failing.

“And Anthropic, same thing for their chips. Um, but I'm sure they're also very happy for other people to take on that risk, um, because it's someone else's core competency and, you know, a lot of debt could add a lot of blow-up risk.”