I'd count this as a fun fact, but most of these AI startup "fundraises" are GPU swaps where most of the money is in compute and that serves as collatoral, so relatively little of it goes to the actual hard sciences.

I'm fully onboard for hoping AI funds a hard science revolution and am happy Charles is writing about this, but we need to see the balance sheets before getting too existed!

I'm much less bullish than you are here, but hopefully I can be proven wrong.