Archive
Everything we have published, newest first. 13 articles in total.
Two decades of conduct undertakings produced compliance theatre and little structural change. Enforcers in three jurisdictions are now shifting toward structural relief.
Training budgets get the headlines, but serving costs are quietly killing products. Six teams shared their per-request economics, and the pattern is consistent.
On published evaluations the difference has narrowed to noise. Teams running both in production describe a gap that benchmarks do not measure at all.
Storage now beats gas peaking on cost in most markets. The binding constraint has moved from economics to interconnection paperwork measured in years, not months.
Everyone watches EUV tool shipments. The constraint on accelerator supply has moved downstream to packaging capacity, and it does not scale on the same timeline.
Computational design now produces candidate binders in days. Experimental characterisation still takes months, and the backlog is changing which claims get published.
Registration was supposed to end selective publication. Two decades on, compliance with reporting requirements remains close to a coin flip, and enforcement is rare.
Aggregate dollars are up sharply. Deal count is flat and the median round is smaller, which means the recovery is concentrated in a handful of very large cheques.
Platforms spent a decade replacing curators with ranking models. Several are now rebuilding editorial teams, and the reason is retention rather than principle.
