4 posts
Travis Kalanick just raised $1.7B for a company called Atoms. His framework for atoms-based computation reveals why software moats are eroding and physical-world companies are becoming the most defensible businesses of the next decade.
80% of AI projects fail. Of $684B spent in 2025, $547B produced nothing. API costs fell 12x, open source hit 67%. An honest build-vs-buy framework.
OpenAI spent $6.4B on Jony Ive's startup to build an always-listening device, already delayed to 2027. The AI hardware graveyard is full. The cloud works.
PwC surveyed 1,217 execs across 25 sectors. The top 20% take 74% of AI value, and the gap is not budget. It is strategy. Here is what they do.