Insight · The Flagship Briefing
The Compute
Proprietary daily and weekly strategic briefings on the AI economy: GPU markets, frontier model releases, capital flows, and regulatory shifts. Built for infrastructure leaders, operators, and investors.
Published Issues
A matter of taste: maths, love, judgment and the oldest trick in the book
OpenAI says ChatGPT still has work ahead on its design judgment. On taste, design systems, Xerox PARC and the Renaissance art of sprezzatura.
Read on Substack →Super powers: from New York to Washington and Barcelona
Washington renamed AI "Super Intelligence" with the same legal definition. Europe offers free supercomputer time, but the machines are full.
Read on Substack →Running on trust: fast robots, slow deployments
Humanoid robot order books assume a boom that shipments do not yet show. Why the cost of putting a robot to work, not its price, sets the pace.
Read on Substack →The Price of Losing Memory
AI accelerators took the memory. Phones, laptops and consoles are paying for it. Ricardo Tavares on the shortage, the HBM tax and the Apple exception. THE COMPUTE / BY TOKENANDO Issue XX / September 17, 2026
Read on Substack →From the kilogram to the token: what happens when the provider defines the unit
THE COMPUTE / BY TOKENANDO Issue XIX / September 10, 2026
Read on Substack →Fast forward to 1997
Portals, mispriced losses and features that became companies. The 1997 internet playbook, and why OpenRouter and Hugging Face did not have to wait three years.
Read on Substack →Thirty Trillion, All the Way Down
Anthropic's $30tn TAM, taken apart layer by layer: users and tokens, racks and Macs, fabs and machines, and the arithmetic the ceiling requires.
Read on Substack →Intelligence, Collateralised: Inside AI's New Asset Class
The Compute / by Tokenando | Issue XVI How AI infrastructure is financed: Nvidia's $500bn platforms, debt off the book & Stripe's $7bn bet on the token economy
Read on Substack →The Elephants in the Room in the September U.S.-China AI Talks
THE COMPUTE / BY TOKENANDO Issue XV / August 13, 2026
Read on Substack →Should I stay or should I go
THE COMPUTE / BY TOKENANDO Issue XIV / August 6, 2026
Read on Substack →Race to the top: when free stopped being cheap
THE COMPUTE / BY TOKENANDO Issue XIII / July 31, 2026
Read on Substack →Standard definition: 5 AI words we use every day, and what each one actually means
THE COMPUTE / BY TOKENANDO Issue XII / July 23, 2026
Read on Substack →The Music Dispatch: Human after all
THE COMPUTE / BY TOKENANDO Issue XI / July 16, 2026
Read on Substack →The great turnaround: the jobs everyone thought were safe
THE COMPUTE / BY TOKENANDO Issue X / July 9, 2026
Read on Substack →Claude-y with a chance of open bots
THE COMPUTE / BY TOKENANDO Issue IX / July 2, 2026
Read on Substack →The cost of control
THE COMPUTE / BY TOKENANDO Issue VIII / June 25, 2026
Read on Substack →A Tale of Three Continents
THE COMPUTE / BY TOKENANDO VivaTech Special · Light read / June 22, 2026
Read on Substack →A tale of three continents
THE COMPUTE / BY TOKENANDO VivaTech Special / June 22, 2026
Read on Substack →When the frontiers keep shifting
THE COMPUTE / BY TOKENANDO Issue VII / June 18, 2026
Read on Substack →The essay or the movie?
THE COMPUTE / BY TOKENANDO Issue VI / June 11, 2026
Read on Substack →What We Cover
GPU & Compute Markets
Spot pricing, hyperscaler capacity shifts, and emerging inference infrastructure.
Token Pricing Moves
Provider price changes, cost benchmarks, and what they signal about competitive dynamics.
Model Releases & Benchmarks
What is shipping, what it costs, and whether the benchmarks hold up under scrutiny.
Capital Flows & M&A
Funding rounds, strategic acquisitions, and where the smart money is moving.
Regulatory & Policy
EU AI Act updates, US executive orders, and what operators need to act on.
API & Platform Shifts
Rate limit changes, new modalities, deprecation timelines, and migration signals.
Methodology
The Compute draws on Tokenando’s live pricing database (733 models, 70 providers), proprietary RSS aggregation across 30+ primary sources, and original analysis. We do not reproduce press releases. Every claim is sourced, every price is verified, and our analytical frameworks are disclosed in full on the About page.