Trump Meets Xi in Beijing. The AI Race Has Already Quietly Changed Shape.
The summit may not produce a chips deal, but the picture of US-China AI competition has shifted. The two sides are racing toward different finish lines: America chases AGI through frontier models; China is wiring AI into manufacturing, logistics, and the electricity grid that runs all of it.
Read full story →Nvidia Stopped Being a Chipmaker. It Is Now the AI Industry's Bank.
Nvidia has committed roughly $40 billion to AI investments in 2026, taking equity stakes in customers, suppliers, and infrastructure partners. Wall Street is excited; the structural questions about a single firm sitting at the centre of every AI transaction are barely being asked.
Read full story →OpenAI Is Coke. Anthropic Is Pepsi. Grok Is RC Cola.
Grok downloads have more than halved since January. Enterprise adoption of Claude doubled to 48 percent. And Musk's own SpaceX just leased a major data centre to Anthropic, the company eating his AI lunch. The corporate finance logic is impeccable. The competitive picture is not.
Read full story →Both Runners Cross the Same Finish Line. The Workers Are Already Past It.
The Trump-Xi summit is being sold as a contest between two AI futures. From down here, they look like the same future with different branding. The race narrative is what keeps the labour-displacement question out of polite discussion.
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