Gavin Baker says DRAM remains AI's defining bottleneck
AI performance is constrained by memory capacity and bandwidth, while only three suppliers can manufacture advanced HBM at scale. Micron's long-term supply agreements establish pr…
SpaceX insiders bought the IPO instead of heading for the exits
The feared post-IPO supply overhang may be overstated because employees and existing investors had regular liquidity opportunities for a decade. Many insiders instead bought at th…
Nvidia emerges as America's latent open-weight AI champion
As open-weight models capture most token volume, economics shift from frontier-model margins toward infrastructure providers. Nvidia can reinforce that position by releasing a fro…
Gavin Baker values Anthropic at three trillion dollars today
Anthropic could finish 2026 above $100 billion of revenue and scale toward $200-300 billion the following year, with inference-heavy revenue carrying exceptionally high gross marg…
Cerebras selloff obscures an OpenAI-powered capacity ramp
Near-term growth understates the impact of Cerebras's large OpenAI contract because wafer fabrication, server assembly and energization create a long deployment lag. The decisive…