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Every major technology transition in history has been narrated as a productivity story while it was actually happening. The mechanisation of agriculture. The electrification of factories. The computerisation of office work. In each case, the headline was efficiency. The real story, the one that took decades to fully surface was a fundamental restructuring of how human labour was organised, valued, and deployed. We are living through the next one. And we are, again, narrating it primarily as a...

In November 2025, a 60-kilogram satellite carrying a single NVIDIA H100 GPU launched into orbit on a SpaceX rideshare mission. Within days it did something no machine had ever done before: it trained a large language model in space. That satellite belonged to Starcloud, a startup founded in 2024 with backing from NVIDIA. Crusoe, one of the fastest-growing AI infrastructure companies in the US, signed on to become the first public cloud provider to run workloads in space by early 2027. Many...

There is a number buried in the 2025 climate tech investment data that should reframe how every serious founder and investor thinks about this category. Total climate tech investment reached $40.5 billion in 2025 up 8% from the year before, the first increase since the boom years of 2021–2022. At the same time, deal count fell 18% to 1,545 transactions the lowest since 2020. More capital. Dramatically fewer deals. Capital concentrating into a smaller number of larger bets. That arithmetic...