By William Edwards
Publication Date: 2026-02-17 17:57:00
While Anthropic’s Claude AI has snatched headlines recently for disrupting the software industry, one researcher says there’s perhaps an even bigger bogeyman lurking in tech.
Tom Essaye, founder and president of the Sevens Report, says Google’s Gemini threatens major potential disruptions to how investors currently see major AI firms.
In a note to clients on Tuesday, Essaye highlighted three risks posed by Gemini, in particular its November update.
The first is that it could take market share from OpenAI’s ChatGPT. That, in turn, could hurt OpenAi’s ability to deliver on the $1 trillion in spending it has promised to firms like Nvidia, he said.
Second, the fact that Google used its own chips to build Gemini could undermine the importance of large semiconductor providers.
