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In 1970, the hottest financial innovation in technology was the computer leasing company.
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Mark Zuckerberg just bought himself a page of The Wall Street Journal to declare that superintelligence is for everyone, that hoarding machine cognition inside a few fortified labs is a civilizational mistake, and I sat there nodding like a dashboard dog…
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The Douglas DC-3 entered service in 1936, and by almost any measure it was an ordinary machine.
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Nobody is selling magic anymore.
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Google has agreed to pay SpaceX about $920 million a month, roughly $11 billion a year, for AI computing capacity it says is only temporary.
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The Casita is a folding house made of 361 square feet of steel-skinned, foam-filled, magnesium-oxide-boarded American optimism, folded down to 8.5 feet wide and trucked out to a parking lot somewhere in Nevada to await the buyers who will finally make Box…
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Yesterday I walked you through SpaceX's S-1 and called it the most exquisitely engineered stainless-steel bag in human history.
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Behold the gleaming, silver phallus aimed squarely at the bruised velvet of the cosmos.
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"The lowest‑cost place to put AI will be in space, and that will be true within two years, maybe three at the latest" recently declared Elon Musk, who, having promised to solve driving, transit, and energy several times each, any day now he assures us, as…
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In every technology cycle, investors look for a number that feels like progress.
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In March 2000, Cisco Systems briefly became the most valuable company in the world with a market cap of $555 billion.
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When you sum up what every company in a sector needs to earn to justify current valuations, you sometimes discover an impossible number.
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In 1876, Western Union turned down an opportunity to buy the patent rights to the telephone for $100,000.
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When DeepSeek announced it had trained a frontier-scale language model for about $6M on older Nvidia H800 GPUs, the number startled the market.
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Artificial intelligence is becoming cheaper faster than anything in the history of modern technology.