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12 articles · page 2 of 2
The New AI Moat Is a Power Contract, Not a Prompt
The loudest arguments in AI still happen at the model layer, but the hard advantage is shifting beneath the stack. The winners of the next phase may be the companies that secure power, land, cooling, and financing before they secure narrative dominance.
AI’s Competitive Moat Is Starting to Look Like a Utility Bill
The AI race still gets narrated as a battle of models. Increasingly, it looks like a battle of power, cooling, financing, and the patience to build industrial systems at uncomfortable scale.
The AI Race Is Becoming an Infrastructure Business
The public story of AI is still about models. The more consequential story is about power, cooling, financing, and the firms that can turn enormous fixed costs into dependable operating leverage.