Anthropic forecasts ~1/3 of OpenAI's compute spend through 2028 ($78B vs $235B) while pursuing enterprise-first revenue; as Wall Street scrutinizes capex efficiency, the divergence in compu…

Pinterest deliberately avoids generative AI chatbot pivot, using AI only to improve search relevance and a conversational shopping assistant; this reserved strategy protects core user exper…

Hyperscalers are partnering with private credit firms for sale-leaseback JVs and SPVs to fund data centers without using free cash flow; this financial engineering delays but amplifies bala…

Nvidia's current dominance in AI chips mirrors the combined >50% market cap share of 1920s electrical companies before the 1929 crash; the same naive extrapolation of training-driven demand…

If token prices collapse to marginal cost (power, light, water) due to infrastructure overbuild, the winning investments will be boring enterprise applications — supplier reconciliation, da…