If a company's name is not Anthropic, OpenAI, or Google, it needs to find a safe space to build in the AI landscape.

The companies investing in AI infrastructure today, such as Microsoft, Amazon, Google, Facebook, Nvidia, OpenAI, and Anthropic, are large, blue-chip companies with significant cash and debt capacity, unlike the new ventures of the dot-com era.

Most of the money in enterprise AI is now going to Anthropic, and it's becoming the go-to choice for companies buying AI for the first time.

Dan Niles believes OpenAI is in a much trickier spot than Google because it is caught between Google on the consumer end and Anthropic in the enterprise space.