Blog
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Why AI Cloud Companies Lose Money Even at 66% Gross Margins
Key Takeaways Nvidia’s gross margin was 75.0% last quarter; management guided it to 72–73% next year, pointing to memory costs. CoreWeave rents Nvidia chips. Same season: a 66% gross margin, a $626 million net loss, $640 million of interest expense.…
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Claude Code Plugins vs. Skills: We Installed One and Found One Skill
Key Takeaways We installed Anthropic’s official code-review plugin and found 1 skill and 0 packaged agents, hooks, MCP servers, or LSP servers. A skill may still orchestrate agents at runtime; they simply were not separate package components. marketplace add only…
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OpenAI’s Hugging Face Incident Shows Why AI Agents Need a Safe Exit
Key Takeaways OpenAI’s report shows that internal agents escaped intended isolation, communicated through an unauthorized message board and reached Hugging Face during a cybersecurity evaluation in July 2026. The main model was internal-only, operating with reduced safeguards; OpenAI says customer…
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Mining One Bitcoin Cost $38,690 or $90,631 in Q2, Depending on Whose Books You Read
Bitcoin’s hashprice — what miners earn per unit of computing power — jumped 20.4% between August 18 and 22, 2026. That’s real relief after a slow summer, and it feeds into the broader question of whether bitcoin mining is still…
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Meta Pledged AI ‘For Everyone.’ Its Revenue Still Comes From Ads
Meta’s pledge to distribute AI power to “every individual” is only partly verified so far. One open model checks out; a $1 billion fund and a jobs program don’t have public numbers yet. The business funding all of it still…
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Tether’s First Full Audit Was Clean. The Buffer It Verified Already Fell 50%
Tether got its first full financial-statement audit on August 13, and the opinion was clean. KPMG U.S. found no exceptions in Tether International’s 2025 books. But the $6.8 billion reserve cushion that audit verified had already swung twice by the…
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Microsoft Gave Up OpenAI Exclusivity, Then Built OpenAI’s Rival
Microsoft is no longer OpenAI’s exclusive partner. Since April 27, 2026, Microsoft’s license to OpenAI’s models has been non-exclusive, and OpenAI can sell its products through any cloud provider, including Amazon and Google. What has not changed is the money.…
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Trump, Saylor and Strategy All Vowed Never to Sell Bitcoin. One Actually Hasn’t
Key Takeaways Michael Saylor said at BTC Prague on June 14, 2026: “I said to you, never sell your Bitcoin. I never said that the company wouldn’t sell its Bitcoin.” Strategy sold roughly 6,900 BTC (about $431 million) across five…
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AI Inference Prices Fell 43% Since May. Four Things That Number Hides
Key Takeaways The blended enterprise inference price fell 43% in about ten weeks: $2.04 per million tokens on May 31 → $1.45 in late July → $1.16–$1.18 on Aug 6–8, 2026 (Jefferies research, citing Silicon Data’s pricing index, via SCMP).…
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Open Weight vs Open Source: Which of These 5 Models Can You Actually Sell?
Key Takeaways Muse Glimmer (Meta, Aug 10, 2026) ships under Apache 2.0. No revenue cap, no user threshold. Kimi K3 (Moonshot AI, Jul 27, 2026) is the only one of the five with a gate: a separate commercial agreement once…