Operators, auditors, and SEC filings now question AI lab economics. Inside the lab losses, Karp's warning, and Oracle's nonpayment risk.

Palantir CEO Alex Karp said that "something has gone completely wrong" in the AI market. "The enterprises are just tired of it," he said.

Operators, auditors, and SEC filings now question AI lab economics. Inside the lab losses, Karp's warning, and Oracle's nonpayment risk.

Oracle's down more than 40% this month, the BIS thinks AI could destroy the economy, and we've got the Kettle on for a chat about the whole mess

Part two of a look at the AI buildout. The circular financing, enterprises pushing back on cost, DeepSeek undercutting everyone, and why the revenue is real anyway.