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Today
  • S
    Stratechery
    The aggregation of AI compute
  • M
    Money Stuff
    Everyone wants private credit
  • P
    The Pragmatic Engineer
    How seniors use AI tools
  • N
    Not Boring
    The case for vertical agents
S
Stratechery
The aggregation of AI compute · 6 min
Writing…
Key points
  • 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.
Why it matters

The cost curve bent again — worth re-checking any build-vs-buy assumptions this quarter.

Your edge is being current.

But the 40-minute Substack lands minutes before the call, the same take shows up in six newsletters, and you can't recall where you read it. So you wing it — or over-prep.

How it works

From a dozen newsletters to one sharp brief.

Three steps. The longest one is the click.

  1. Step 1

    Connect Gmail

    One click. We find every newsletter in your inbox — no forwarding, no setup.

  2. Step 2

    We do the reading

    AI summarizes each issue: the key points, why they matter, and what to skip.

  3. Step 3

    Get your brief

    Skim, listen, or dive in — and walk away current in about 20 minutes.

What you get

Walk in current — and never repeat coverage.

Distill the firehose into a fast, cited brief — find the take, pull the quote, and show up sharp.

Grounded in the voices you trust

The fund letters, sector theses, and analysts you follow — in one place, faithfully summarized, never a generic AI guess at the news.

Found in your inbox
5 newsletters
  • S
    Stratechery
    Tech strategy · daily
    Added
  • M
    Money Stuff
    Finance · daily
    Added
  • T
    The Diff
    Inflections & finance · 4×/wk
    Added
  • N
    Not Boring
    Business strategy · weekly
    Added
  • N
    Newcomer
    Venture · weekly
    Added

Show up with a cited answer

Before the IC, the pitch, or the founder call, dig into any topic — NewsNook answers from your newsletters and the open web, with citations you can check.

What's the bull vs. bear case on the vertical-AI thesis right now?

Bulls point to fast revenue in regulated niches1; bears flag thin moats as horizontal models improve2, and recent rounds are pricing in perfection3.

1Stratechery· inbox2The Diff· inbox3crunchbase.com· web
Ask a follow-up…

Find that take in seconds

The take you half-remember from three weeks ago is one search away — right before you walk into the room.

private credit
  • M
    Money Stuff2 weeks ago
    Everyone's a credit fund

    private credit spreads are compressing fast.

  • T
    The Diff3 weeks ago
    Underwriting discipline

    …the private credit boom hides real risk.

  • S
    Stratechery1 month ago
    Capital cycles

    private credit is the new shadow bank.

Quote straight into your memo

Highlight the line that matters and note it as you read — so the insight lands in your memo or deck, not lost in your inbox.

The DiffUnderwriting discipline

Credit cycles don't turn on rates alone — when everyone underwrites to the same model, the cycle turns on whoever blinks first.

HighlightNoteQuote
Your note

Use in the IC memo — frames our credit exposure.

The signal from 40 fund letters

Key points, why it matters, skip-or-read — so you spot what's genuinely new for your thesis without reading the same take six times.

M
Money Stuff
Everyone is a private-credit fund now · 5 min
AI summary
Key points
  • Private-credit AUM has doubled in three years.
  • Spreads are compressing as capital floods in.
  • The next default cycle will test underwriting discipline.
Why it matters

If your thesis touches credit, the risk/return just shifted under you.

Worth a read

Prep on the move

Turn your feed into audio for the commute or a pre-call cram — curated to your sources, not a generic news podcast.

M
Now playing
Everyone's a private-credit fund
Money Stuff
1.5×
3:127:58
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“I built it because my own mornings were drowning in newsletters. I hope it gives you yours back.”
Bill Trevillyan, founder of NewsNookBill TrevillyanFounder, NewsNook

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