$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.