The biggest technology companies are swapping one business model for another. For twenty years, Google and Meta ran asset light businesses that produced huge surplus cash. Now, to build for AI, they're becoming capital heavy businesses that consume cash and borrow more to keep going. Both models can
In 2008, California voters approved a high-speed rail line from Los Angeles to San Francisco. Eighteen years and over $100 billion in projected costs later, not a single passenger has boarded a train. In roughly the same period, China built around 45,000 kilometres of high speed rail, a
There's a new strategy in property management, and it isn't about buying buildings. It's about buying the firms that manage them, then running those firms on AI. The plan is to buy a small letting agency, put AI into its daily work, cut the
Capital used to be a resource. Now it's a system. That shift changes who wins and why. For most of the last decade, the best trade in private markets was straightforward; find the right asset, structure the deal, and let rising multiples do the work. That trade is
For years, conversations around the Irish property market have focused on interest rates, inflation, taxation, and regulation. These factors matter, but they no longer explain the market on their own. The defining force in Irish property today is structural supply constraint. This is not a temporary shortage caused by a
AI will create enormous opportunity and enormous uncertainty. The investors thinking clearly about both are quietly allocating to dirt, steel, and real estate. Let's be clear about something, most commentators aren't: AI will have an unprecedented impact on the economy, on SaaS, and on the creation
Real estate is a game of risk reduction. Every decision we make is designed to shrink it. Here is exactly how we approach a deal. How we find deals Most good opportunities never reach a public listing. Our deal flow comes through direct relationships in the Cork property market - local
Why We’re Building SingleStep This Way When I began building SingleStep, I wasn’t trying to create a “two engine strategy”. I was trying to answer a more fundamental question: How do you build something that lasts? Not a project. Not a trade. Not a vehicle that depends on
In 2026, US fintech enters a new phase. After years of pilots and experimentation, technologies like instant payments, stablecoins, embedded finance, and modern treasury systems move firmly into production. The focus shifts from proving what’s possible to building reliable, scalable infrastructure that enterprises, banks, and fintechs can depend on.
A leaked internal memo from OpenAI CEO Sam Altman in November 2025 revealed a profound shift underway in the artificial intelligence industry. The memo describes a move to “wartime footing” as platform giants like Google and Microsoft begin to outperform independent, venture-backed AI labs. At the core of this
On 13 November 2025, the Irish Government published its new housing strategy: Delivering Homes, Building Communities 2025‑2030, a bold plan to accelerate home-building and reduce homelessness. * 300,000 homes by 2030: This includes 72,000 social homes and 90,000 Starter Home supports. * Massive infrastructure investment: Over €275.
Agentic commerce means AI agents handle buying, paying, and getting paid across everyday workflows. You set clear rules. They do the work and keep a clean record. Below are five ideas in plain language. Each has the problem and the agentic solution. 1) Claims processing & payouts Problem: Claims take