The KREO Journal · 02
Power & Policy
Geopolitics, regulation, access and money.
14 articles in this shelf
Analysis · Power & Policy
The Rising Sun Over Malta
Japan will fund two chip factories in a New York town called Malta, and Washington will take a slice of the company that will run them. Watch the hands, not the flag.
Analysis · Power & Policy
Your Insurer Is the New Banker
CoreWeave's founder says the next money for the AI build is insurance money, effectively unlimited. The company's own accounts show what the patient money is buying, and what the collateral actually is.
Analysis · Power & Policy
The First Entry
The IMF's half-yearly check-up names an AI-driven correction as one of three top risks to the world's money. The Fund has opened the register, and the first entry is a promise counted against money.
Analysis · Power & Policy
The Chips Nobody Banned
Chinese technology companies have bought more than a million Nvidia chips this year that America's export controls do not block. The ban drew a line; the orders moved underneath.
Analysis · Power & Policy
What Britain Still Owns
A House of Commons committee has asked four American AI companies whether Britain can hold them to account. The safety questions are real; the question underneath them is what Britain still owns.
Analysis · Power & Policy
The Unopened Register
A peer asked who holds the risk if the AI boom ends. Britain has never totalled the answer, so I built the register from public records: three pages that can be written, and a fourth that cannot.
Analysis · Power & Policy
He Gives the Money Away. What He Keeps Is the Proximity.
The man who built Britain's AI guardrails now advises Microsoft and Anthropic. Two letters on gov.uk on the 9th of October 2025 cleared the roles and named the watchdog's own worry: unfair access and influence. The fee goes to charity; the proximity does not.
Analysis · Power & Policy
The Moat Was the Language
Japan warned its ministries and firms after a wave of breaches exposed millions of records. The security experts' read: AI has erased the language and effort barriers that once kept Japan's attackers out.
Analysis · Power & Policy
When Your Supplier Becomes Your Banker
SpaceX is borrowing about $40bn to buy chips from Nvidia, which owns a stake in SpaceX and helps finance its customers. The same silicon is now the collateral, the revenue and the equity.
Analysis · Power & Policy
The Model Was Never the Moat
Two documents landed this week: one hands a frontier model to anyone, the other ends the Pentagon's use of the lab that would not drop its safety checks. Together they show where the power in AI sits.
Analysis · Power & Policy
Open, Then Closed: What Kimi K4 Reveals About Who Owns AI
China won the world with free, open-weight AI models. Now, as Moonshot builds Kimi K4, Beijing is weighing rules to stop the world downloading them. Here is the turn, the evidence, and what it means if you rent your AI.
Analysis · Power & Policy
Suspicious Signals: What Anthropic's Claude Bans Actually Reveal
Anthropic suspended paying Claude users in Hong Kong and Russia this week under an undefined rule called suspicious signals. Its own numbers say almost no bans are reversed. This is the deeper story: who controls access, who is accountable, and what recourse is left when a classifier decides.
Analysis · Power & Policy
Banned for Building: What PewDiePie's OpenAI Suspensions Actually Reveal
PewDiePie says OpenAI banned him twice for distilling a model to build his own. The story is not YouTube drama. It is a question about who is allowed to train, who owns the pipeline, and what theft means when the same move runs in both directions.
Analysis · Power & Policy
Beyond CUDA: What DeepSeek's Move to Huawei Hardware Actually Changes
DeepSeek and Huawei have opened a practical path for Chinese AI teams to train and serve models on domestic silicon. The story is not the chip. It is the software moat around Nvidia, and the bridge that just appeared across it.
