From Announcement to Access
A first coding of twelve public AI infrastructure projects, and the user contract that is still missing.
Read the essayBlog · capital · technology · evidence
I write down what the numbers, systems, and people are actually saying.
Notes from company-side capital markets, AI infrastructure research, and the technical work that helps me translate one into the other.
Capital to Computepublic-source infrastructure research
IR + CorpDevcapital-markets field notes
AI + Systemstechnical translation
2026new notes in progress
01 / Latest notes
Research that starts with a claim and keeps asking what became real.
Notes on AI infrastructure: what inference costs, how contracts and capital move, who can stop what, and which announced projects have reached operation.
Why Research Still Waits
Separating queue delays from execution problems in public MIT and SURF GPU traces
Read on Substack ↗How AI Infrastructure Gets Funded
Two flows connect Korean memory, US cloud contracts, and Middle Eastern facilities
Read on Substack ↗Beyond the Token Price
Notes on request timing and length in a public Azure inference trace, and what a token price leaves out.
Read the essayThe Cash Gap in GPU Contracts
Notes on IREN's agreements with Microsoft and Dell, and the cost of waiting for customer payments.
Read the essayWho Can Stop What in Frontier AI?
Notes on government powers, company commitments and the evidence from an actual interruption.
Read the essayNotes on Gulf AI Data Centers
Following seven announced Saudi and UAE projects through their public records.
Read the essayCapital to Compute
My research agenda for following public AI investment through to working infrastructure and access.
Read the essay02 / Earlier notes
The technical bridge is part of the story.
These pieces came from implementing models, reading research, and watching technology move into real markets.
Notes from implementing CAM and Grad-CAM
What matching heatmaps on ResNet50 did and didn’t tell me about my code
Read the essayPantheon, Situational Awareness, and AI investing
Notes on an animated series, an AI forecast, and the infrastructure businesses in the forecaster’s fund.
Read the essayFebruary 2026: Notes on World Models
Reading Project Genie, Marble, JEPA and Cosmos with one question: what could other companies build around them?
Read the essayFollow the Money: AI Investment and Factory Deployment
Notes on venture funding, sovereign investment and the work of getting a robot into a customer's factory.
Read the essayNotes on the physical AI value chain
Tracing one imagined factory task through the companies that would have to deliver it.
Read the essayWhen will general-purpose robots reach factories?
Notes on the search for robotics’ “ChatGPT moment,” February 2026
Read the essayBaemin for Sale, Again
Notes on the founder's ambitions, Delivery Hero's ownership and what another sale could mean for Korea.
Read the essayRobot learning and language models
Notes on the robot-learning papers I’m reading, February 2026.
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