Compute Notes

Building and investing in the infrastructure layer of the intelligent economy. Flagship venture: Watt, the layer that cuts what AI companies spend on every model call — try it at watt.computenotes.co

Enterprise AI

Oct 2, 2026

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5 min read

Delegation Is the Skill

When an agent does the work, the bottleneck moves to the two human ends of the task: the brief going in and the check coming out.

Caroline Chen

Enterprise AI

Sep 19, 2026

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6 min read

The Speed Limit Is a Pricing Strategy

The regulatory-capture theory is half right. The economics say the real exposure isn't losing money on subscriptions — it's a half-trillion-dollar compute bill meeting a falling price of intelligence.

Caroline Chen

AI Economics

Jensen Huang's "Compute Monetization" Gamble: Private Equity Giants Are Using "Shadow Lending" to Keep Data Centers Alive

Aug 24, 2026

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7 min read

Jensen Huang's "Compute Monetization" Gamble: Private Equity Giants Are Using "Shadow Lending" to Keep Data Centers Alive

Is the AI Boom Replaying the 2008 Crisis?

Caroline Chen

Robotics

Aug 21, 2026

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6 min read

The Robotics Bottleneck Is Moving Up the Stack

Two presentations at the 2026 World Robot Conference described different layers of the same market. The interesting question is what connects them.

Caroline Chen

Enterprise AI

Aug 14, 2026

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11 min read

The Missing Layer in Enterprise AI: AI Financial Control

Why tokens, agents and multi-model architectures are creating a new FinOps problem.

Caroline Chen

Investing

AI Infrastructure Index Q2 2026: The Most Irreplaceable Companies in AI

Jun 19, 2026

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6 min read

AI Infrastructure Index Q2 2026: The Most Irreplaceable Companies in AI

Ranking the companies that control the AI buildout — by structural irreplaceability, not market cap.

Caroline Chen