Concentration

Tagged stories

Markets

Two Risks in One Letter, and Only One of Them Is About AI

The chair of the Financial Stability Board has written to the G20 about artificial intelligence. Half the letter describes a familiar credit event wearing new clothes. The other half describes something the system has not priced at all.

By Daniel Okafor · 5 hours ago

AI

Everyone Diversified Their Model Suppliers. Almost Nobody Diversified the Layer Underneath

Enterprises spent a year making sure they could switch between model providers. The switch turns out to run through a small number of clouds, chips and inference platforms that no procurement policy addressed.

By Alison Acosta · August 19, 2026