Recent Issues

$104bn of contracts. Lenders still want 15%

Last week we checked how long AI contracts run. This week the market priced the money.

A practical check on whether an AI company's contracts can carry its debt, with worked examples you can rerun on your own holdings.

AI wrote 700 maths papers. Who checks them?

The same prompt, problem after problem. Checking them is the slow part.

How to verify AI output Write the check before you ask

By the end you’ll have a check for one recurring AI task, tested against mistakes you planted yourself, and a clear idea of what passing it does and doesn’t prove.

Google signed for 20 years, and for 90 days

Lenders are lining up $150bn for AI chips. Read the notice periods first.

Twenty Years or Ninety Days

How long each part of the AI build-out is promised for, how long it’s financed for, and what happens in the gap between the two.

No AI lab would guarantee its agents

Four labs, under oath. So who checks the output before you act on it?

Human review of AI decisions Check the evidence, not the output

By the end you’ll have checked one AI-assisted decision and kept a record of how. A review can confirm the AI’s answer. What makes it a review is opening the evidence first.

AI’s bills now come with co-signers

$518bn of compute, about 80% fixed. Nvidia calls insurers. Follow the guarantee.