FEATURED — FULL NOTE
AmazonAMZN
LAYER: HYPERSCALERS & CLOUDS · PUBLIC
~$200B 2026 capex — and uniquely backs BOTH frontier camps: ~$8B into Anthropic plus $50B into OpenAI's 2026 round.
2026 · Cloud Wars
SAME LAYER: HYPERSCALERS & CLOUDS
MicrosoftAlphabet / GoogleMetaOracleIBMSalesforceSAPTesla/xAI compute (private build)Apple (AAPL — on-device + Private Cloud Compute)
INFORMATIONAL ONLY — not investment advice. Full disclaimer.