文章
關於 AI 代理、回測與市場預測稽核，以及平台架構的研究。
AI 產業
Anthropic filed its S-1 to list on Nasdaq as ANT. Revenue, losses, compute bills, valuation, risks and timing: everything the IPO filing reveals, in plain English.
閱讀時間 5 分鐘8 個章節
AI 產業
Robinhood, Coinbase and Mastercard just opened their doors to AI agents that trade and pay on your behalf. Who is responsible when the agent loses? The fine print answers.
閱讀時間 5 分鐘8 個章節
AI 產業
Gemini 4 Argon leads the Vals index at 68.9%, but Claude trails by two points. What the model does well, what it costs, and where it falls behind.
閱讀時間 5 分鐘7 個章節
AI 產業
A bank chairman got a text that appeared to come from his CEO, then a call in a voice he knew. The research says your ear is not reliable enough to use. Here is what works instead.
閱讀時間 22 分鐘11 個章節
AI 產業
Meta Muse books, shops and sends email for you. What it costs, how its security works, what has already gone wrong, and how to switch off AI training.
閱讀時間 19 分鐘12 個章節
AI 產業
OpenAI put GPT-6 Astra in the junior banker seat on 10 September 2026 and published a score: 69.9% on a financial document benchmark. Here is what that rate does to a deck, what citations do and do not prove, and the checking step to run before it touches client work.
閱讀時間 8 分鐘9 個章節
AI 產業
OpenAI released Astra on 3-4 September 2026 and called it the most intelligent and aligned model in the world. Here is what is verified, what is claimed, and what it means if you build AI products or write code for a living.
閱讀時間 9 分鐘9 個章節
AI 產業
Creator Rewards pays $0.40 to $1.00 per thousand qualified views. Here is the whole system built backwards from that number - account setup, how to find what is working, how to build your own version of it, and what to do every single day.
閱讀時間 11 分鐘12 個章節
AI 產業
A handful of companies are racing for the top of the most expensive podium ever built, and trillions of dollars rest on one assumption nobody has proven yet. Here is the honest picture, the numbers I can actually source, and why I am not going to tell you to buy anything.
閱讀時間 9 分鐘7 個章節
AI 產業
A founder's case for the most personal technology ever built - an agent that manages your calendar, your money and your habits, and is willing to overrule you. The interesting question is not whether it arrives. It is who it answers to.
閱讀時間 9 分鐘10 個章節
AI 產業
A billion dollar valuation does not require a billion dollars of anything. Divide it by the multiples buyers actually paid in 2026 and it resolves to seventeen to forty-three million of recurring revenue, priced off the rate of change rather than the size.
閱讀時間 9 分鐘7 個章節
AI 產業
Published 2026 data puts the median at about two years for AI companies and about nine for everybody else. The compression is real, its source is unglamorous, and the one company in this cohort that reached a full exit did it by being bought rather than by listing.
閱讀時間 10 分鐘8 個章節
AI 產業
Roughly 3,000 a month sounds modest until you ask what has to happen on an unremarkable Tuesday to produce it. Every serious route, divided out against published 2026 rates, including the one where the sums stopped closing altogether.
閱讀時間 10 分鐘7 個章節
