The top 10 stocks in the S&P 500 account for 40% of the index’s market cap. Since ChatGPT launched in November 2022, AI-related stocks have registered 75% of S&P 500 returns, 80% of earnings g...
Soundtrack: Queens of the Stone Age – First It Giveth Before we go any further: This is, for the third time this year, the longest newsletter I’ve ever written, weighing in somewhere aroun...
The most crucial challenge of the AI race is coming into view. We need to get in the running. Continue reading: America Cannot Lose the Robotics Race...
“language models will get cheaper by 10x” will not save ai subscriptions from the short squeeze Continue reading: tokens are getting more expensive...
Alphabet and Meta compete in online advertising, but Meta needs more data center infrastructure as it pursues artificial intelligence growth. Continue reading: Google scores six-year Meta cloud deal w...
To reflect democratic principles, AI must be built in the open. If the U.S. wants to lead the AI race, it must lead the open-source AI race. Continue reading: Why open-source AI became an American nat...
An Alternative to Transformers for Language Modeling Continue reading: A Visual Guide to Mamba and State Space Models...
An AI story with Yann LeCun — a journey through neural networks, deep learning, and open-source foundation models, as well as one of sailing, building flying machines, and Parisian brasseries. (Sottot...
What started as fear of AI replacing developers is switching to pragmatically embracing the ambitious reality of AI and viewing it as a growth opportunity. As we build the tools of tomorrow, we can us...
The best Stratechery content from the week of August 4, 2025 including what Nokia can teach us about the AI era, what the NFL wants from ESPN, and how Visa conquered debit cards. Continue reading: 202...
