Many people talk about a “race” between the U.S. and China. In investigating China from that paradigm, we have to understand its strengths in relation to the United States...| chamath.substack.com
CPI holds steady while PPI sees large monthly increase, Europe continues to lose IPO listings to the U.S., researchers develop an AI model that can detect inner monologue with 74% accuracy, and more.| chamath.substack.com
President Trump expands executive authority over federal staff, OpenAI reveals gold medal IMO results from upcoming model, Ethereum sees record ETF inflow, and cancer may be detectable 3 years earlier| chamath.substack.com
$3T+ in federal debt is set to mature soon, China’s “AI Tigers” are gaining traction by open-sourcing top models with government support, and seven people are now using Neuralink's Telepathy device| Chamath Palihapitiya
President Trump announces a phased ceasefire between Israel and Iran, Amazon plans to expand to same-day delivery to rural communities, and NEJM publishes data on Eli Lilly’s oral GLP-1 candidate| Chamath Palihapitiya
What drives the Mag7's revenues and bottom lines? How do they allocate capital, and are they positioned for continued outsized returns? How should we understand them in relation to the market overall?| chamath.substack.com
Circle IPOs and raises over $1 billion, Apple researchers indicate that reasoning models are still only pattern-matching, and a novel method to purify titanium could turn it into a low-cost material| Chamath Palihapitiya
What drives the Mag7's revenues and bottom lines? How do they allocate capital, and are they positioned for continued outsized returns? How should we understand them in relation to the market overall?| Chamath Palihapitiya
2024 was the year we transitioned from a hard landing to a period where a new wave of momentum began to build...| chamath.substack.com
The House passes the Big Beautiful Bill, Chinese EV battery maker CATL raises $5 billion to fund overseas expansion, and VCs are testing a new investment model that modernizes mature companies with AI| Chamath Palihapitiya
What drives the Mag7's revenues and bottom lines? How do they allocate capital, and are they positioned for continued outsized returns? How should we understand them in relation to the market overall?| Chamath Palihapitiya
Moody’s downgrades U.S. credit rating, Google introduces AI agents that discover novel algorithms, OpenAI launches AI coding agents, and UnitedHealth Group navigates several headwinds| chamath.substack.com
OpenAI and Microsoft re-negotiate partnership to support potential OpenAI IPO, Klarna reverts strategy of replacing customer service staff with AI chatbots, and a new cement-based battery| Chamath Palihapitiya
What drives the Mag7's revenues and bottom lines? How do they allocate capital, and are they positioned for continued outsized returns? How should we understand them in relation to the market overall?| Chamath Palihapitiya
Berkshire Hathaway has net sold for 10 quarters, Google launches "AI mode", court ruling allows developers to bypass Apple' App Store fees, and the current state of the U.S. rare earth supply chain| chamath.substack.com
What are the use cases for stablecoins, and how have they achieved product-market fit? What are the implications for U.S. markets? How will U.S. regulatory clarity impact the stablecoin ecosystem?| Chamath Palihapitiya
U.S. crypto deal-making in 2025 has already tripled all of 2024, language model providers are diverging in features and ecosystems, and 28% of renewable energy projects have been delayed or cancelled| Chamath Palihapitiya
President Trump signs executive order to overhaul federal procurement rules, OpenAI releases o3 reasoning model, and a brief history of federal funding for American universities| chamath.substack.com
After the team and I published our Deep Dive on the Media Landscape, I spoke to Jason about journalism and the evolution of media.| Chamath Palihapitiya
President Trump announces 90-day pause on proportional tariffs, companies are developing the infrastructure for multi-agent AI systems, and airborne microplastics enter our food supply through plants| Chamath Palihapitiya
Deep dive into the Global Energy Transition and Inflation Reduction Act...| chamath.substack.com
Understanding the corporate structure that led to Sam Altman's removal| chamath.substack.com