Capital Stacks For Atoms

Fervo, Hadrian and Rocket Labs

Oct 12

11

2

OpenAI’s B2B Marketplace: The Hyperscaler Of AI Apps

How OpenAI's Marketplace Borrows From AWS And Azure

Oct 5

13

1

1

September 2026

Agent Traffic: Infrastructure & Security Software Signals

What infrastructure and security earnings calls reveal about agent demand

Sep 14

7

1

1

Does Concentration Risk Matter In AI?

A handful of buyers dominate AI spending. Their suppliers are not equally replaceable.

Sep 7

16

1

Long-Horizon Agents: Compute, Memory and Power Profile

How background inference shifts demand toward CPUs, flash storage and distributed infrastructure

Sep 2

15

1

2

August 2026

The Endgame Of Vertical Integration

Pareto Frontier: Model-Harness Co-Design

Aug 3

20

1

3

July 2026

Europe's AI Buildout With SemiAnalysis' Jeremie Eliahou Ontiveros

Demand, Energy and Permitting

Jul 27

11

1

Sparse By Design

Kimi K3 And Open Model Scaling

Jul 20

18

1

1

Orbital Compute: Why Now

Orbital vs Terrestrial Compute

Jul 17

9

1

1

The Stable Era: The Modularisation Of Post-Training

Stable Interfaces -> Modular Innovation

Jul 6

13

1

June 2026

AI's Optimisation Era

Owning Intelligence, Hill-Climbing Machines and Private Evals

Jun 29

11

3

1

From electrons to inference with Crusoe's Erwan Menard

The Vertically Integrated Neocloud

Jun 8

7

1