These days, AI has almost eaten up all the buzz across every field on X—so much that even “Huang Tui” can’t compete with it. Lately, I’ve been watching the price swings of AI-related stocks, and I’m increasingly convinced that AI companies are still just companies. More specifically, AI investment is shifting from a “burning cash” narrative to a “turning revenue into results” narrative, and the market is starting to differentiate companies based on their execution capabilities.