Tomasz Tunguz
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A $90 Key into Your Company's Secrets
The cost of an autonomous 32-step corporate break-in fell 99% in five months from $7,500 on Claude Mythos Preview in April 2026 to $90 on open-weight GLM-5.3. Attackers run an expected-value calculation on AI compute ($1m of compute for a 1% shot at a $1b payout yields $10m in expected value)…
Watts in Store for 2027 : The AI Ceiling
US AI capacity grows from 38gw today to an 81gw ceiling in 2027. Because 40% of compute serves inference & new Blackwell & Rubin racks lift blended monetization from $9.4b to $15.1b per inference gigawatt, theoretical US inference revenue rises 3.4x from $0.14t to $0.49t.
The Financial Engineering Essential for AI in 2027
Anthropic's Form S-1/A rolls financials through Q3 2026 ($17.0b revenue, +$8.6b operating cash flow) & reveals that $5.0b of short-term burst compute at $7 to $13 per GPU-hour lifted blended GPU-hour costs 82% in two quarters, flipping Q2's $974m operating profit into a $567m Q3 loss & driving…
The Four Questions of AI
AI consists of four layers: application, harness & context, model, & data center. Each layer faces an unresolved economic question, & the four layers interplay directly: rising GPU financing costs increase the value of the harness, while model & inference co-design multiplies how many users the…
Crossing the Trillion Dollar Chasm
Two CEOs have set $1t revenue targets on their businesses while cloud growth accelerates at $30b to $50b quarterly scale. The first $10t company will be the one that crosses the trillion dollar chasm before AI erodes its legacy profit pool.
Beyond Automation at OpenAI
Arvind KC, Chief People Officer at OpenAI & former CIO at Palantir, joins Office Hours to discuss the future of the people function. Why efficiency is the wrong frame when model capability doubles every six months. How the people team democratizes AI by amplifying a company's most valuable…
Anthropic S-1 Analysis: How 7 Key Metrics Stack Up
Analyze Anthropic's S-1 IPO metrics : $4.6B revenue growing 11.9-fold, a derived 40% gross margin, $974M of operating profit in Q2, & $637B of compute commitments.
The Third Product-Market Fit in AI
Coding & customer support were the first two AI markets. Attacks on banks, certificate authorities & core open source libraries have never been greater, suggesting security is third. A survey of 75 enterprise security practitioners finds security spend divides across five categories : security…
How Large is the AI Circle?
Every major build-out has two phases per Carlota Perez: infrastructure, then the applications that pay for it. The telecom internet build-out ran capex twelve times ahead of application revenue at the 2000 peak, & took seven years to get application revenue above 10% of capex, & ten to reach 48%…
Closing Eight Figure Deals in Two Weeks
Bardia Shahali, VP of Sales at Granola, joins Office Hours to explain how AI-era sales teams run smaller because revenue per rep multiplies, why comp plans moved from annual to quarterly, & why the sales pod splits by layer between infrastructure & application companies.
What if They're All Clouds?
Anthropic is considered an AI company, but it should be valued as a cloud. On that basis, at $1.5t to $2t it would be worth roughly what Wall Street's estimates imply for a standalone GCP, on two-thirds the revenue.
Price War in the Chip Aisle
Five frontier models now sit within five points of each other in terms of intelligence, but their cost per unit differs by 3.8x. Google, which has built chips alongside its models for more than 15 years, prices lowest; Microsoft & OpenAI are now chasing the same advantage, & pricing should keep…
The Theory 2026 AI Survey Results
Theory's second annual AI in Practice Survey finds four results that surprised us : 43% rate security a top pain against the 10% who say its tooling delivers value, 45% of teams route queries across models, Cloudflare hosts 62% of agent sandboxes, & 48% now read production logs with coding agents.
Sales in the Age of AI
Bardia Shahali, VP of Sales at Granola, joins Office Hours to discuss what the sales organization should look like in the AI era, drawing on his experience scaling go-to-market at Fireworks AI and Granola.
In the directory since 25 Sept 2026 · last checked 9 Nov 2026 · RSS