Topic
AI Infrastructure
3 pieces
Research Oct 2026
The Halvard Dilemma: Why the Last Mile of AI Is Judgment
In 1999, capital underwrote dark fiber and Webvan by their existence, not their operating physics. AI infrastructure is repeating it with Paper Megawatts.
Research Oct 2025
AI Infrastructure Wars: Energy Production Defines Global Supremacy
AI energy consumption is now compounding four times faster than grid capacity additions. Which countries resolve the mismatch first will determine which countries lead in artificial intelligence over the next decade.
Research Jun 2025
AI's Unprecedented Acceleration: Reading BOND Capital's 2025 AI Report
Mary Meeker's BOND Capital May 2025 'Trends — Artificial Intelligence' report documents a cycle compressing several decades of typical technology-curve dynamics into eighteen months. The structural signals worth carrying forward.