[Founder of SemiAnalysis: By 2028, Most AI Compute Power Will Belong to Two Companies] Beating AI Newsflash: Dylan Patel, founder of SemiAnalysis, predicted in a recent podcast that by 2028, OpenAI and Anthropic could account for 70% to 80% of the world's new AI compute power, with a combined compute capacity potentially exceeding 100GW. Patel stated that the two companies currently account for about 30% of the global annual increase in compute power, and this share is rapidly rising. Patel pointed out that the business models of cutting-edge AI labs are undergoing changes, with significant improvements in AI compute output efficiency. Anthropic's current revenue per megawatt of compute power has reached approximately $50 million and could further rise to $100 million. This enables OpenAI and Anthropic to purchase or lease compute power at high prices ranging from $25 million to $50 million per megawatt. More notably, Patel expects global AI-related capital expenditures from 2024 to 2029 to reach approximately $11 trillion, with over $5 trillion needing to be financed through debt. Given the potential returns on AI infrastructure far exceed those of traditional industries, tech giants may accept higher financing costs, thereby driving up overall credit interest rates and exerting pressure on traditional asset valuations and highly indebted economies. Additionally, Patel believes that future increases in compute power may not primarily be used for providing external model inference services but could instead be directed more toward internal R&D and self-improvement of models within AI labs. [Original Link]