Chen Zituo

Chen Zituo@CZituo · 14 天前观点输出

@mustafasuleyman @BillGates the token tax is the one i'd argue with. a per-token levy lands hardest on the cheap high volume uses, which is where most of the actual employment sits. the frontier calls everyone worries about barely feel it.

00016

AI：延续个人公开立场，强调长期主义、执行效率与行业方向判断。

Chen Zituo@CZituo · 14 天前观点输出

@dmitri_dolgov @Waymo the number i'd want next to 200m miles is how much of it survives a sensor change. that's what separates a data moat from a very expensive snapshot, & it never shows up in a deck.

00227

AI：延续个人公开立场，强调长期主义、执行效率与行业方向判断。

Chen Zituo@CZituo · 14 天前赛道影响

every number in the AI impact debate so far has come from whoever was selling the thing. an external dataset is the first version of this that can actually lose an argument.

10135

AI：偏主题投资表达，释放对基础设施与新叙事的偏多信号。

Chen Zituo@CZituo · 14 天前赛道影响

Emerald AI raised $150m at $1.05b to flex data centre power draw when the grid is tight, co-led by Energize and DCVC. NVIDIA, Siemens, GE Vernova, RWE, Samsung and Aramco all in a Series A. reads more like procurement than financing. source: https://t.co/LZybB3btPx

00053

AI：偏主题投资表达，释放对基础设施与新叙事的偏多信号。

Chen Zituo@CZituo · 14 天前观点输出

@ishaanpreet the length used to do the filtering, 20 pages meant someone sat with it for a week. now that part is free & the only thing still costing anything is a number you had to go get. that's what i read first in a deck now.

00055

AI：延续个人公开立场，强调长期主义、执行效率与行业方向判断。

Chen Zituo@CZituo · 14 天前赛道影响

@sonyatweetybird the thing i'd watch is price, not the possibility set. at 23s a clip the per-generation price goes to roughly nothing, & the margin sits with whoever owns the demand rather than whoever trained it. every speed win shortens the window you can charge for it.

00057

AI：偏主题投资表达，释放对基础设施与新叙事的偏多信号。

Chen Zituo@CZituo · 14 天前政策影响

@polynoamial the scale detail is the useful part. in diligence the security answer is usually some version of we're not a frontier target, & this says the tier that did it is already last-gen commodity. that assumption is doing a lot of work.

00026

AI：偏政策推进，强调合规落地与规则明晰，对监管主线更敏感。

Chen Zituo@CZituo · 14 天前观点输出

@reidhoffman the overnight bit is real, my outreach runs while i sleep. what i check first is what it decided not to bring me. by the time it hands you a decision the ordering already made the call, the yes/no on top is the easy part.

00021

AI：延续个人公开立场，强调长期主义、执行效率与行业方向判断。

Chen Zituo@CZituo · 14 天前观点输出

@brexton more than 6. when that financing isn't there the equity round quietly does the debt's job. capex that belongs in a facility gets funded off a headline valuation instead, and the announcement never tells you which one you're buying.

10179

AI：延续个人公开立场，强调长期主义、执行效率与行业方向判断。

Chen Zituo@CZituo · 14 天前赛道影响

$36.1m series C for Liner. the size isn't the interesting part. 22 months since their last round, in a market that reprices AI every six, and no valuation disclosed. buyers are korean institutions plus KDB rather than the crossover names. source: https://t.co/AZHGo91kj5

00023

AI：偏主题投资表达，释放对基础设施与新叙事的偏多信号。