Oracle’s AI Conversion Test: Who Funds the Compute, Who Earns the Return?
Examines customer funding, deployment economics and the cash that remains for shareholders.
Sovereign Research
Research Archive
Earlier research, preserved for the long term.
These articles retain their original dates and analysis. Daily Signal, Weekly Map, Deep Dive and Monthly Scorecard are historical series, no longer active publication products.
Current writing on SubstackWeekly Map: Delivery Improves, Return Proof Still Lags
A weekly assessment of the bridge from physical delivery to useful compute and capital returns.
Advanced Packaging and HBM: The Matched-Supply Constraint
Examines compatible, qualified accelerator sets and the durability of supplier returns as capacity expands.
AI Networking: The Economics of Time Saved
Tests how network performance translates into useful work, and how much of that value suppliers retain.
September AI Infrastructure Scorecard: Demand, Constraints and Returns
A dated baseline across demand, physical constraints and returns, with evidence that would change each assessment.
Vertiv’s Time-to-Power Bet: From Strategic Fit to Cash Returns
Evaluates earlier power availability through deployment timing, acquisition costs and retained cash returns.