GOODMAN MACRO · ai watch
Technology, business models and the capital behind artificial intelligence.
13 English articles
AI Watch · October 27, 2026
Anthropic’s filing reveals rapid enterprise growth and a profitable second quarter. Financing revaluations explain its huge net loss, while compute commitments, research spending, share compensation and governance shape common shareholders’ returns.
Read article
AI Watch · October 24, 2026
A $100 billion order book cannot close the funding gap: examining neocloud creditor hierarchies, delivery risk and renewal risk.
Read article
AI Watch · October 17, 2026
Big Tech investment is absorbing incremental operating cash. Equipment replacement, customer payments and financing conditions will determine the risk of recovering that investment.
Read article
AI Watch · October 17, 2026
AI capital expenditure is squeezing technology giants' cash-flow headroom. A comparison of five companies' investment, debt and equity financing explains heavy issuance despite high interest rates and the constraints posed by ratings, long-term commitments and investment returns.
Read article
AI Watch · October 15, 2026
Can AI revenue growth cover enormous computing commitments? A look at end-user payments, cost structures and cash recovery ahead of the 2027 test.
Read article
AI Watch · October 13, 2026
An examination of public evidence on Chinese model distillation and the evidentiary limits of claims that Kimi forwarded sensitive information.
Read article
AI Watch · October 9, 2026
Rapid cash-capex growth at four technology giants is diluted by imports and rising prices. Narrower cash-flow buffers intensify scrutiny of returns and financing chains.
Read article
AI Watch · September 23, 2026
Generative AI clearly improves efficiency in individual tasks. Turning local speed into economy-wide productivity still depends on real workflow redesign and on cost savings reaching consumers and workers.
Read article
AI Watch · September 9, 2026
Established companies can see the future. What they find difficult is letting go of the revenue, status and order built around their old businesses.
Read article
AI Watch · September 1, 2026
A comprehensive assessment of Unitree's R&D spending and efficiency through capitalization accounting, financial presentation, the global product landscape, domestic and overseas R&D data, team structure and competitive moats.
Read article
AI Watch · August 28, 2026
Computing expenditure is exceeding private markets' capacity. Anthropic and OpenAI approach listing with sharply different revenue structures, while Hong Kong-listed MiniMax and Zhipu have already offered two pricing experiments that provide reference points for this cohort's valuation.
Read article
AI Watch · August 23, 2026
Coding-related revenue may already account for 30%–40% of the two U.S. leaders' business. Realizing their trillion-dollar valuations depends on digital content, office software and enterprise agents taking over the next phase of growth—and on specialist model companies retaining workflow profits amid competition from established technology platforms.
Read article
AI Watch · August 9, 2026
Will AI raise potential output and change employment assessments? Warsh has institutionalized the question, but a shortcut to rate cuts still lacks the necessary evidence.
Read article