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SysMoore & Energy (Pt.3)
SysMoore’s hardware renaissance meets the energy wall — how AI compute’s explosive growth is forcing a fundamental rethink of power infrastructure, unlocking nuclear and natural gas tailwinds amid persistent buildout constraints.
The Year of AI DevOps & Fears for GitLab (Pt.2)
Summary
* GTLB is taking a defensive stance toward the rise of AI IDEs and coding agents, underestimating their sophistication and growth potential.
* The company’s platform expansion strategy has been broad but poorly executed, lacking the focus and discipline seen at peers like PANW and DDOG.
* Leadership assumes that more
Notes: Incumbents vs. AI-Natives: Who Wins the Next Software Cycle?
Summary
* The AI narrative has swung from favoring SaaS incumbents in 2024 to highlighting nimble AI-native startups in 2025, though incumbents remain unseated for now.
* GPT-5’s incremental release underscored that AI progress may be more gradual than hyped, cooling expectations of dramatic disruption and leaving the field