Anthropic's CEO: AI Demand 80x'd, Infrastructure Bottleneck

AI demand has dramatically exceeded expectations, with Anthropic's CEO stating they "80x'd the business" instead of the projected two to three times growth. This massive surge in demand highlights a critical infrastructure bottleneck. Here's the thing: megawatts are now the limiting factor for serving advanced AI users. More users need more computing power, more data centers, and significantly more electricity. Investor Jordi Visser points out that if AI companies underestimated demand by such a large margin, the constraint is now physical infrastructure. What's interesting is how capital is flowing. Hut 8, for example, secured a 15-year, $7.0 billion lease with Fluidstack for 245 megawatts of AI data center capacity. This deal is for its River Bend campus in Louisiana and is financially supported by Google. Hut 8's stock is up over 114% year-to-date. The bottom line: the rapid growth in AI is creating an urgent need for more physical infrastructure, particularly power capacity, which impacts the entire industry.