The Google Capital Company – Stratechery by Ben Thompson

kept by eddie jun 03

Google raises $80B in equity, including $10B from Berkshire Hathaway, to fund AI capex, signaling demand vastly exceeds expectations and capital is becoming a commodity.

Nvidia’s Risky Business – Stratechery by Ben Thompson
Nvidia is partnering with major financial firms to create $500 billion in financing platforms for AI infrastructure, transforming compute into an investable asset class and expanding systemic risk in the AI buildout.
also on Berkshire Hathaway, #ai-infrastructure, #cloud-computing, Anthropic
Berkshire Hathaway portfolio changes: How the new stocks are trading
Berkshire Hathaway disclosed a $2.6 billion Delta Air Lines stake and increased its Alphabet position, with several stocks rising on the news.
also on Berkshire Hathaway, Alphabet, #business-strategy
Clouded Judgement 5.22.26 - The Neocloud Boom
The AI infrastructure buildout could require $7.5 trillion in spending by 2030, creating trillions in enterprise value for neoclouds like CoreWeave and Nebius.
also on #ai-infrastructure, #data-centers, #cloud-computing, Anthropic, #business-strategy
Greetings, Earthlings: Philip Johnston of Starcloud on Data Centers in Space
Falling launch costs and rising terrestrial constraints will make space-based AI data centers cheaper than Earth-based ones within a decade, potentially creating a trillion-dollar annual CapEx market for inference workloads.
also on #ai-infrastructure, #data-centers
Anthropic's Compute Advantage: Why Silicon Strategy is Becoming an AI Moat
Anthropic's compute strategy—multi-hyperscaler, custom-silicon integration—gives it a 30–60% cost-per-token advantage over Nvidia-dependent OpenAI, a compounding edge as inference scales.
also on Google Cloud, #cloud-computing, Anthropic, #business-strategy, #ai