The capex is the strategy
A trillion dollars of concrete and silicon isn't a means to a plan. It is the plan — a bet, made with the balance sheet rather than the slogan, about who gets to decide.
Hana Okonkwo
Hana writes a weekly column on where power actually sits in the technology industry — who owns the compute, who sets the terms, and who merely narrates. She has changed her mind in public more than once, and considers that the column's credibility rather than its weakness.
