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- SStratecheryThe aggregation of AI compute
- MMoney StuffEveryone wants private credit
- PThe Pragmatic EngineerHow seniors use AI tools
- NNot BoringThe case for vertical agents
- Inference costs fell ~40% since Q1 — the curve bent again.
- Two open models now match last year's best closed ones.
- Adoption is racing ahead of eval and safety tooling.
The cost curve bent again — worth re-checking any build-vs-buy assumptions this quarter.
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- Frontier model prices fell again — inference is ~40% cheaper than Q1.
- Two open models now match last year's best closed ones.
- Enterprise adoption is racing ahead of eval and safety tooling.
The cost curve bent again — worth re-checking any build-vs-buy assumptions this quarter.
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Obligations for high-risk systems phase in through 2026, with the heaviest compliance load on larger players1. Most analysts read it as favoring incumbents who can absorb the overhead2, while startups in lower-risk tiers are largely unaffected for now3.
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Inference costs have collapsed, which changes the calculus for everyone who deferred building. Compute is no longer the moat — distribution and proprietary data are. Incumbents with both will compound their lead.
Same playbook as the 2010 cloud shift — pull into the Q3 strategy memo.
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- PPlatformer2 weeks agoWhat the EU AI Act means for builders
The EU AI Act sets staged deadlines for high-risk systems through 2026.
- SStratechery1 month agoRegulation as a moat
Compliance with the EU AI Act favors incumbents who can absorb the overhead.
- NNot Boring1 month agoThe cost of governance
Startups underestimate how the EU AI Act reshapes go-to-market in Europe.
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- SStratecheryThe aggregation of AI compute
- MMoney StuffEveryone wants to be a private credit fund
- P8 minThe Pragmatic EngineerHow senior engineers actually use AI tools
- N7 minNot BoringThe case for vertical AI agents
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