Computing, AI, energy systems, and what adopting them changes.
The National Ignition Facility has now ignited eight times, once at four times energy gain. Private funding passed $14 billion, ITER slipped to the 2030s, and the first private machine aiming at net energy switches on next. A status report on the oldest promise in energy.
Aug 15, 2026 · 8 min read
TSMC held about 70% of the world's foundry market in 2025, and at the leading edge the share is closer to all of it. The 2-nanometre generation is sold out through 2028, the $165 billion Arizona hedge is real but partial, and the concentration is not an accident. It is the business model.
Aug 15, 2026 · 8 min read
The IEA counts 415 TWh of data-centre demand in 2024, doubling to 945 TWh by 2030. The global average is modest; the local concentrations are not. What the gap between those two numbers does to grids, prices, and the places that said yes early.
Aug 15, 2026 · 8 min read
A GPT-3-class answer cost $60 per million tokens in 2021 and six cents by late 2024. Meanwhile the price of training a frontier model grows 2.4x a year, toward billion-dollar runs. One industry, two curves, running in opposite directions, and every business model in AI lives in the gap.
Aug 15, 2026 · 8 min read