Netflix is driving the Hollywood end game, likely confident it can increase the value of IP, and fend off YouTube. | Continue reading
The best Stratechery content from the week of December 1, 2025, including what the Times missed in its David Sacks story, Atlassian's history and near future, and Code Red at OpenAI. | Continue reading
An interview with Atlassian founder and CEO Mike Cannon-Brookes about building Atlassian and why he is optimistic about AI. | Continue reading
AWS re:Invent sought to present AI solutions in the spirit of AWS' original impact on startups; the real targets may be the startups from that era, not the current one. | Continue reading
OpenAI is declaring code red and doubling down on ChatGPT, highlighting the company's bear case. Then, AWS makes it easier to run AI workloads on other clouds. | Continue reading
OpenAI and Nvidia are both under threat from Google; I like OpenAI's chances best, but they need an advertising model to beat Google as an Aggregator. | Continue reading
Anthropic's Opus 4.5 appears to be a big breakthrough that slots into Anthropic's enterprise strategy, while ChatGPT gets new consumer features, and Meta might use Google's TPUs | Continue reading
Nvidia earnings are the wrong place to look for evidence of an AI bubble; the company's margins should be safe if power is the limiting factor. | Continue reading
The best Stratechery content from the week of November 17, 2025, including the arrival of Gemini, the most takeable companies in tech, and China's unhappiness with Japan's new Prime Minister. | Continue reading
An interview with Eric Seufert about the right advertising model for AI, the right AI for Meta, and why personalized advertising is good for society. | Continue reading
Gemini 3 is out, and looks to be state of the art. What does that mean for everyone else in the AI space, and what markets might Google win? | Continue reading
Robotaxis are poised to further close the delta between suburbs and the city; the city (and Uber) might never recover. | Continue reading
ChatGPT is getting group chats, a long-standing Stratechery feature request. It's also a clear attach against Meta, who can't respond because of encryption, while Google looms. | Continue reading
The best Stratechery content from the week of November 10, 2025, including SpaceX buying spectrum and why Apple should be interested, Apple and Google together again, and wondering when America will catch Cup fever. | Continue reading
An interview with Unity CEO Matthew Bromberg about a career focused on turnarounds, from EA's KOTR to Zynga and now to Unity. | Continue reading
Microsoft declares independence from OpenAI and sketches out its future role building scaffolding for AI. Plus, Windows is tiny now. | Continue reading
SpaceX buys the spectrum it needs to be a standalone mobile carrier; the company should partner with Apple to deliver truly differentiated experiences. | Continue reading
Apple is already benefitting from AI via the App Store. Meanwhile, Siri will white-label Gemini; the long-term implications are significant. | Continue reading
The best Stratechery content from the week of November 3, 2025, including frothiness and the futrue, Amazon's future in AI and groceries, and the US-China Trade Deal one week later. | Continue reading
An interview with Michael Morton about AI-driven e-commerce, and why this is both Amazon's category to lose and a threat — and a big opportunity for Walmart and Shopify. | Continue reading
We are in an AI Bubble: the big question is if this bubble will worth it for the physical infrastructure and coordinated innovation that result? | Continue reading
Amazon says the constraint right now is power, not chips; it's giving plenty of the latter to OpenAI. Then, Amazon solves groceries by getting faster tat delivering everything else. | Continue reading
Google's earnings are great, and GCP alone justifies more capex; Meta, meanwhile, is being punished for not having a clear product application for AI. | Continue reading
The best Stratechery content from the week of October 27, 2025, including Taylor Sheridan saving television, the TSMC brake, and Victor Wembanyama taking flight. | Continue reading
An interview with Substrate CEO James Proud about X-ray lithography, disrupting TSMC, and betting on American innovation. | Continue reading
Nvidia makes its pitch to DC to preserve its CUDA moat, which also explains the challenges facing Qualcomm's new chip. Then, OpenAI's restructuring and Microsoft's collar trade. | Continue reading
TSMC's earnings reinforce the possibility that TSMC's willingness to invest is real governor on the AI bubble. Intel needs to provide some competition. | Continue reading
The best Stratechery content from the week of October 20, 2025, including the cost of resiliency, F1 makes it official with Apple, and a new era for NBA broadcasting. | Continue reading
Netflix's growth will depend on advertising; then, more evidence that Netflix was uniquely responsible for KPop Demon Hunters' success. | Continue reading
Decreasing transportation and communications costs increases resiliency in theory, but destroys it in practice. The only way to have resiliency is through less efficiency. | Continue reading
F1 is officially on Apple TV, and it's both a worthwhile gamble on Apple's distribution being a differentiator. | Continue reading
An interview with Asana founder and Chariman Dustin Moskovitz about Asana, AI's impact on SaaS, and the debate about AI Safety | Continue reading
Announcing a new Stratechery site: Sharp Text, by Andrew Sharp. Then, the best Stratechery content from the week of October 13, 2025, including rare earths, the state of the trade war, and why Netflix wants Bill Simmons. | Continue reading
Walmart joins ChatGPT Instant Checkout; will Amazon be next? Then, Spotify and Netflix form the anti-YouTube alliance. | Continue reading
An interview with Dr. Gracelin Baskaran about rare earths: how did the U.S. become dependent on China, and how do we fix the problem going forward? | Continue reading
OpenAI's deal with Broadcom makes perfect sense, because OpenAI already knows exactly what workloads it needs to optimize. | Continue reading
China is instituting controls on rare earths, which are essential for technology, that look like chip controls; we can fix the problem by building, but we might not be able to. | Continue reading
The best Stratechery content from the week of October 6, 2025, including OpenAI's Windows strategy, Sam Altman and boundless ambition, and the future of creation. | Continue reading
OpenAI's DevDay evolution mirrors the hype cycle; Microsoft's Game Pass price raise is an admission of failure; and Verizon decides it doesn't want to be under the thumb of SpaceX. | Continue reading
An interview with OpenAI CEO Sam Altman about the infrastructure buildout, expanding ChatGPT, and the vision that unites it all. | Continue reading
OpenAI is making a play to be the Windows of AI: the all-encompassing platform that controls both hardware supplier and software developers. | Continue reading
Sora is going viral, suggesting there is a big opportunity in unlocking creativity. If that's true, that's good for humanity — and bad for Meta. | Continue reading
The best Stratechery content from the week of October 6, 2025, including the arrival of the AI Slop Era, what "China Hawk" really means, and Steve Ballmer and the Clippers catastrophe. | Continue reading
An Interview with Ben Bajarin about AI infrastructure, Nvidia, and Intel. | Continue reading
OpenAI has its own AI video app with Sora, powered by Sora 2; I'm not sure how compelling it will be in the long run. Then, Cognition's experience with a new Anthropic model suggests that incorporating new models requires a lot more work than a new processor. | Continue reading
OpenAI's Instant Checkout highlights why AI commerce fills a unique role, to the benefit of Shopify and Etsy; will it work better than Meta's native Checkout? | Continue reading
The Internet hates Vibes, MetaAI's new AI video feed, but I find it compelling and a fascinating look at a VR future. | Continue reading
The best Stratechery content from the week of September 22, 2025, including the YouTube juggernaut, the Nvidia-Intel partnership, and sushi robots. | Continue reading