FT: “Meta, Google parent Alphabet, Microsoft, Amazon and Oracle [are] forecast to deploy $4tn of capital expenditure over five years, according to analyst estimates gathered by Visible Alpha, most of it on data centres they hope will reshape their businesses.”
David Oks: “When all is said and done, and the final accounting is made of all human ambitions and achievements and follies, and the final historian turns to that strange realm of human endeavor that we call “computing,” that strange enterprise that gradually grew to encompass an unbelievable share of human life and redefine the entire world around its logic: what will that final historian have to say? Probably they will start with the forerunners, with Llull and Babbage and Lovelace; and then turn to the true pioneers, to Turing and Church and Shannon and von Neumann; and then the masters of hardware, Noyce and Kilby, and of software too, Ritchie and Dijkstra; and eventually they will arrive at PageRank, recommendation systems, neural nets, the transformer architecture, and whichever system ended up bootstrapping itself into superintelligence and thus inaugurating an entirely new epoch of history. But somewhere in their chronicle of this grand arc, for at least a few pages, they will have to talk about the electronic spreadsheet.”
ICONIQ GTM Report. “Companies continue to diversify their GTM strategies by blending top-down and bottom-up motions, with high-growth companies increasingly leaning into bottom-up as a growth lever alongside upmarket expansion. As a result, revenue mix is becoming more balanced across motions; while direct sales and channel remain dominant, high growth companies expect to gain greater leverage from self-serve relative to peers (~20% vs. ~10% respectively).”
NYTimes on Silicon Valley’s ‘Tiny Team’ moment: “As artificial intelligence takes on more and more tasks, tech executives are embracing teams as small as two: one person plus A.I.”
