The Benchmark Racket: Why the Frontier Model Race Is Measuring the Wrong Thing

Six publicly available frontier models are clustered within 1.3 percentage points on the industry's most-cited coding benchmark. Meanwhile, a withheld model just scored 93.9% on the same test. The measurement system isn't broken - it's being gamed at two levels simultaneously.

Venture Capital Has a Ten-Company Problem

Perplexity's Agent Strategy: Blocked at the Front Door, Building Through the Back

A federal judge blocked Perplexity's Comet agent from Amazon's site on March 10. Two days later, the company unveiled Personal Computer, a persistent AI agent running locally on a Mac mini. The two events are not coincidental - they define the strategic dilemma at the center of the agentic web.

Anthropic Built a Model Too Dangerous to Release. Its Fix Is to Give It Away to Big Tech.

Companies Are Spending the Most on AI Where It Works the Least

Global AI spending is on track to hit $2.52 trillion in 2026, yet 95% of task-specific enterprise deployments deliver zero measurable P&L impact. The money is going where the cameras are pointed, not where the returns are.

The Market Already Voted on Agentic AI. Regulators Are Still Finding Their Seats.

On February 3, 2026, $285 billion of market capitalization vanished from software and financial stocks in a single session. The trigger was an AI agent announcement. The governance response has barely begun.