Announcements
The Re-Materialization Of Intelligence
Yann LeCun left Meta and raised $3.5B on a radical thesis: autoregressive LLMs are a dead end. The future is world model simulation, not token prediction. Language survives the shift. The current architecture may not.
The World Model Reckoning
Waymo can simulate elephants on highways that it's never driven on. The simulation breaks after 60 seconds. Only 2.68% of digital twins close the feedback loop. AI's most important bet isn't about generating pixels—it's about understanding physics.
The AI Valuation Stack
AI startups command 25–30× revenue multiples. But only 39% of enterprises report any impact on EBIT from AI. Six layers of technical due diligence—from wrapper discounts to inference margin traps—are repricing companies in real time. Most investors aren't looking.
The End Of The Audit As We Knew It
Technical due diligence was built for deterministic software. AI shattered that premise. Agents don't suggest—they act. The new audit must reach into probabilistic reasoning, inference economics, and semantic security. The report on the shelf is dead.
The Pricing Paradox: How Software’s Business Model Became Its Biggest Vulnerability
The transition to outcome-based pricing won't save software. It will reclassify it. When every AI action has a real compute cost, 80% margins become 60% — and a 60% margin business isn't software by Wall Street's standards. It is services.