ENVIZNEssays
Each essay argues a case with the arithmetic attached, and links to the sources behind it.
The AI Boom Has a Financing Clock
A data center can have a signed customer and still run out of cash before the first invoice is paid. The November 3 election made the distance between those dates harder to predict.
The Value of What Sits Between the Grid and the GPU
800 VDC distribution and solid-state protection cost more per component, so the essay values them by what one more megawatt of compute is worth and what losses the facility avoids.
When Thinking Gets Cheap
Inference got about 280 times cheaper in two years while transformers, substations, and poured concrete barely moved. This essay looks at who ends up standing in that gap.
The Bottleneck Moves
Terafab bets the next constraint on AI is industrial. The Global Crossing fiber buildout shows how a bet that is right about demand can still fail financially if it arrives years early.
Kimi Hit the Limits of Its Compute. The Model May No Longer Be the Moat
Frontier capability is clustering more tightly. If intelligence becomes easier to reproduce, the durable advantage must move outward.