Microsoft put $190 billion in CapEx.


$37 billion in returns. Wall Street is starting to ask questions.
Meta just signed a $27 billion infrastructure deal. Amazon's custom silicon crossed $20 billion ARR growing 100% year over year.
And today the G7 pulled AI CEOs into the room to debate who gets access to the models at all.
The money is infinite.
The returns are not.
And the world is starting to notice.
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