Columnist · Cross-cutting op-eds and 'veteran take' sidebars

Hank Reed

Two-time founder, longtime tinkerer, recovering optimist. Writes about technology, markets, and what gets lost in the rush.

Hank is the site's columnist — the editorial point of view. Thirty-plus years in tech, a couple of exits, has watched every cycle since the dotcom bust. Skeptical of the parts that warrant skepticism, sympathetic to the people doing the actual work.

Articles by Hank Reed

Big Tech

The Commerce Department Just Became the FDA of AI

The US government used export-control authority to force Anthropic to disable Fable 5 and Mythos 5 worldwide. Hank Reed on what just changed for every frontier-model launch from here on.
Big Tech

The Week Nvidia Stopped Acting Like a Vendor

Spark for laptops, Vera for the data center, equity stakes in the labs that buy its GPUs. Hank Reed on the week Nvidia stopped being a chip company and started being a platform.
Markets & Money

Circular Reasoning: The AI Boom Is Starting to Fund Itself

Memory makers are now equity investors in the AI lab that buys their chips. Hank Reed on why circular financing is the oldest tell in the bubble playbook.
Markets & Money

Nvidia Reported Record Everything. The Stock Fell Anyway. That Tells You Something.

Nvidia posted record $81.6B revenue, record Data Center, $80B buyback, dividend bump. The stock fell after hours. The print is great; the market reaction is worth paying attention to.
Markets & Money

Three Headlines in One Week That Tell You the AI Build-Out Just Hit a Cycle Marker

Nvidia beat earnings handily. Meta laid off 8,000. Samsung went on strike. Three headlines, one story: the AI cycle is rewiring real labor and real supply chains, fast.
Markets & Money

A 25% Government Revenue Cut on Nvidia Chip Sales Is Something New

The 25% Treasury take on Nvidia H200 China sales is the kind of commercial-industrial blending the US used to criticize other countries for. The structure deserves more attention than it is getting.
Big Tech

The AI Labs Are Quietly Turning Into Consulting Firms

Anthropic just formed a $1.5B JV with Goldman, Blackstone, and Hellman & Friedman to embed engineers in mid-sized companies. This is the McKinsey playbook with model weights.
Markets & Money

The AI Power Build-Out Is the Largest Energy Project in American History

Five companies are spending $400B on AI infrastructure this year, half of it on the electricity to run it. Nobody is calling this the energy story it actually is.
Markets & Money

OpenAI at $852 Billion: A Valuation, a Vibe, and a Math Problem

OpenAI just raised $122B at $852B post. We have seen private valuations like this before. Some of them were right; most were not. How to think about which kind this is.
Big Tech

Welcome to BizTechDaily — and a couple of warnings

What this site is, what it isn't, and the kind of reader we're trying to earn time from.