Wall Street's Top AI Bull Reveals the Real Bottleneck (It's Not Chips) | Dan Ives

Dan Ives is the Partner and Senior Managing Director at Yorkville Ives, a new merchant bank he's building. In this conversation, we break down the AI trade—Chinese open-source models, Anthropic's slowing revenue growth, the biggest bottlenecks in chips, memory, and energy, and the political battles over data centers.======================Arch Public is an agentic trading platform that automates investment strategies across Stocks, Commodities, ETFs and Crypto. Whether you’re rotating into AI & Gold, allocating to the S&P 500, or accumulating Bitcoin, Arch Public executes your plan 24/7 without ever taking custody of your assets or funds. Sign up today at https://www.archpublic.com, and start your FREE automated trading strategy! ======================Need liquidity without selling your crypto? Take out a Figure Crypto-Backed Loan, allowing you to borrow against your BTC, ETH, or SOL with 12-month terms, 8.91% interest rates, and no prepayment penalties. Or check out Democratized Prime (https://figuremarkets.co/pomp) and earn ~9% APY on real world assets, paid hourly. Unlock your crypto’s potential today at Figure! https://figuremarkets.co/pomp Figure Lending LLC dba Figure (NMLS 1717824). Loans subject to approval. Crypto collateral may be liquidated. Terms apply - see full disclosures at figure.com/disclosures/======================This episode is brought to you by TikTok for Business. If you run a company, your next wave of customers may already be on TikTok. With more than 200 million monthly active users in the U.S. and 51% unique reach, TikTok gives brands access to audiences they can't reach anywhere else. Learn how to turn that reach into growth at TikTok for Business ( https://anthonypompliano.splashthat.com/ )======================0:00 - Intro0:51 - Chinese vs American open-source models, & the Anthropic IP lawsuit4:36 - Falling model costs and the pricing war5:55 - Cultural bias baked into Chinese AI models?7:44 - Will AI models eat the whole stack? 11:20 - Specialized AI workflows & model routing14:00 - Mag 7 free cash flow vs. exploding semiconductor revenue17:37 - The real AI bottlenecks: memory chips, data centers & energy30:13 - Anthropic's revenue growth is slowing — should investors worry?31:17 - Why Dan is leaving Wall Street to build Yorkville Ives34:32 - Dan's AI market predictions & closing thoughts