Corning CEO Points to Strong Signals of AI Demand in Anthropic IPO Paperwork
Dow Jones10-27 21:19
0919 ET - Corning's CEO Wendell Weeks is riding the wave of AI optimism, especially after Anthropic's recent IPO filing. Anthropic's filing shows strong levels of profitability from providing customers with inference tokens, while its top concern is being constrained by compute--something that should benefit Corning, given it provides the networking for that compute, Weeks says. "I'm quite bullish on AI demand over the long term," Weeks says on CNBC.
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