I would assume the opposite is true — with an open-weight Fable-class model, doesn't demand for GPUs go up? Plenty of companies can now look at what Anthropic is offering — high per token costs for a very intelligent model — and do the math, and at some point it makes sense to just rent the GPU yourself and run Kimi on it if you get similar intelligence without paying Anthropic's margins (albeit with high upfront capital cost).

This would drive down Anthropic's margins, but drive up demand for datacenter and GPU capacity. It's not that people would be using fewer GPUs, they'd just shift demand from high priced token vendors to direct GPU rental, which benefits datacenter companies while hurting Anthropic.

Oracle is fine, it's just that they can't really expect political decisions that hindered it to accquire TikTok which will be slated to be the biggest customer if the deal went through.

Now they are betting with Project Stargate but it also seems to be crumbling down.

But don't forget that they literally hold the biggest databases, both in commercial and open source, that is, Oracle Database and MySQL. Plus Oracle Java they literally controls at least 30% of the internet's software infrastructure.

And also with a good team of attorneies enforcing the licenses, they can squeeze so much money at the cost of morality.

Also recently they downgraded the always free OCI ARM instance from 4C24G to 2C12G without telling anyone.

Models need datacenters to run. It also need other services to do anything useful