The Mythos Fable-5 Let Down 2026
China is massively increasing Capex for datacenters. Twitter is angry at Anthropic. Closed vs. Open model debate rages on. Quotes and reactions. š SpaceX IPO analysis in infographics.
We donāt really know what AI could becomeā¦
Good Morning,
The two biggest events this week are likely the reaction to Fable and the SpaceX IPO.
Iāve been struggling a little trying to think about whatās really new that was announced at Google I/O, Microsoft Build Conference and Appleās own more recent developer conference of WWDC 2026. There was a tangible sense of how empty many of their tech announcements were, especially with regards to AI.
I canāt even put my finger on why this is, maybe itās the AI overload of the news cycle, the exaggerated hype or how lacking in meaningful products and application layer innovations weāve even seen after three years of LLMs (so many models) and more datacenters. I canāt help put have the feeling that I was expecting more in the 2020s that we are likely to see from Generative AI.
Hopefully next year in 2027 with a deluge of AI devices this will feel different. Will a Codex version of ChatGPT feel different? Apparently, a senior OpenAI executive went so far as to say that āchat is dead,ā shifting its focus toward a platform centered on agents and coding tools. It just goes to show how ChatGPTās success story is fading so badly. But how would OpenAI ever compete with Cursor or Anthropic at this point for Enterprises and companies where trust is a major factor. OpenAI might have to try to lower prices, but they are already burning so much capital. Cursor who now have $4 Bn. in ARR and are accelerating even faster.
There certainly will be winners and losers to paraphrase Sam Altman. His eye-scanning startup isnāt fairing any better.
Will BigAI Disrupt Incumbents by 2030?
Will the hyperscaler names be re-written by AI too? š¤ I had written about this back in June, 2025:
The verdict on how BigTech (incumbents) react to BigAI is still unclear? Outside of Google, it doesnāt look so good for the others. Their capex to AI execution is looking rather poor in more than one case.
Letās first see how the 2026 IPOs pan out but Apple, Microsoft, Amazon and other incumbents donāt feel like they are active participants at the frontier of Generative AI. Appleās lineup of AI devices looks fairly impressive however for 2027 and 2028.
Chinaās Massive AI Compute Announcement
With news that DeepSeek is getting $7 Billion in funding a week ago along with massive Capex increases from ByteDance and Alibaba for compute - China is going all in. China is preparing to spend around 2 trillion yuan ($295.43 billion) over the next five years on building data centers āacross the country, Bloomberg News reported on Tuesday, as āBeijing looks to challenge the U.S. in the intensifying AI race.
So instead of relying purely on private tech giants like Alibaba, ByteDance or Tencent to build isolated clouds, the National Development and Reform Commission (NDRC) is spearheading a blueprint to knit the country's scattered computing facilities into a unified national network by 2028. If China feels they have to do this too, itās going to be a brave new world. Curiously how Beijing is boosting Huawei isnāt so different how the Trump Administration has been supporting Nvidia with circular financing of the entire ecosystem in a spider-web of deals. But what exactly are we building for civilization in the big picture.
We Donāt really know what we are getting ourselves intoā¦
Claude Skills Guides
KDNuggets (not an affiliate) has an interesting Anthropicās Complete Guide to Claude Skills Building.
The Claude (Content) skills I use to run Growth Unhinged by Kyle Poyar
How to use Claude AI for Investing (the first post in our series on AI in Investing got a lot of bookmark saves on X).
Coatue's Surprising Fantastic 40 by 2030
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As you know I am a bit of a chart nerd, when it comes to projections around the AI renaissance.
