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AI, Cheap Money, Tesla and Coffee.
Blain’s Morning Porridge 23rd July 2026
“There is only one thing worse than having too little money, and that is having too much.”
It’s a wake up and smell the coffee sort of morning in the AI markets. AI is here to stay. Everyone is using it. Why are prices tanking? It’s about competition, adoption and data sovereignty. Maybe it’s time for a rethink? How did it get so huge so fast? That’s a question about overly cheap liquidity and speculation, which is why Tesla’s numbers are so interesting.
Yesterday Google confirmed the pace of its AI infrastructure spend will increase to $205 bln dollars…
The skinny
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