Explainers
Plain-language answers to the questions behind the AI buildout: what the layers are, what the terms mean, and how the money flows.
Explainers · · Supercycle Research AI
What is AI capex, and why does it matter for stocks?
AI capex is what tech companies spend on chips, data centers and power for AI. What counts, why published totals disagree, and which companies get the money.
Explainers · · Supercycle Research AI
What are AI infrastructure stocks? The 12 layers, explained
AI infrastructure stocks are the companies paid to build AI compute: chips, memory, networking, data centers, cooling and power. The 12 layers and the catch.
Explainers · · Supercycle Research AI
What is a neocloud? GPU clouds, explained
A neocloud is a cloud company that rents GPUs for AI and little else. How they make money, which ones are public, and who actually owns the chips.