📰 Stratechery

YouTubers are ruling the box office, and it shouldn't be a surprise: succeeding on YouTube is a much higher bar than the gates that currently govern Hollywood.

The best Stratechery content from the week of May 25, 2026, including why everyone hates Luce, how to monetize AI answers, and social mobility in China.

An Interview with Eric Seufert about building models for generative AI, why Meta's foundational models are so important, and why understanding advertising leads

There isn't a financial model that justifies the SpaceX IPO, but data centers in space are plausible, and that might be enough.

Nvidia is changing its reporting to delineate between hyperscaler sales — where Nvidia is fighting commoditization — and everyone else, where Nvidia runs the wh

The best Stratechery content from the week of May 18, 2026, including data center discontent, agent economics, and slime mold.

An interview with Parallel founder Parag Agarwal about valuing content and incentivizing its creation in a world of agents (plus questions about Twitter).

Google I/O put AI everywhere, for better and for worse. Meanwhile, is DeepMind aligned with Google's business objectives?

Personal Day — No Update

There are understandable reasons for people to oppose data centers; the only solution that will work is simply paying them off.

The best Stratechery content from the week of May 11, 2026, including a new kind of computing, Elon Musk, and 360 degrees of US-China relations.

An interview with me about the implications of the compute shortage on Aggregation Theory, consumer AI, and more.

OpenAI is forming a new company to deploy AI, and the other labs aren't far behind, reinforcing the thesis that AI's impact will require top-down implementation

The Anthropic xAI deal is shocking but not surprising: Musk should double down on serving other companies.

Agentic inference is going to be different than the inference we use today, and it will change compute infrastructure because speed won't matter when humans are

The best Stratechery content from the week of May 4, 2026, including what we learned from Big Tech's first quarter, a conversation with Joanna Stern, and asking

An interview with Joanna Stern about her new book about living with AI, and starting her own media company.

Microsoft unveils its new agentic business model, and Apple confronts shortages in memory and chips even as the Mac benefits from AI.

Amazon looked behind in AI in the training era, but is well place in the inference era, thanks to its continued investment in the long-term.

Wall Street loved Google's earnings, and hated Meta's, even though the latter's core business was more impressive. The difference is that Google is monetizing i

The best Stratechery content from the week of April 27, 2026, including Amazon and AI, the future of AR devices, and Beijing's myopia.

Amazon's earnings suggest that the shift away from training towards inference and agents means their bet on Trainium is paying off. Plus, additional notes on ad

Intel's earnings were very impressive, but the chief driver was a structural shift in demand for CPUs for AI. Plus, what is going on with Terafab?

An interview with OpenAI CEO Sam Altman and AWS CEO Matt Garman about their new partnership, plus my thoughts on OpenAI and Microsoft's new deal.