Intelligence
Research for decisions.
Short analysis on markets, institutions, technology and strategic infrastructure.
Markets · 2026
The balance sheet of regulation.
Regulation should manage resilience and productive capacity at the same time.
Compute · 2026The compute divide is a coordination problem.
Aggregation can change the economics of supply before infrastructure ownership is decided.
Investment · 2026Digital sovereignty after territoriality.
Control, jurisdiction and continuity now travel across borders.
AI · 2026Governance is infrastructure.
AI governance needs inventories, risk tolerance, monitoring and accountable operations.
Institutions · 2026Collective authority without hierarchy.
Institutions can coordinate expectations and decisions without centralized sovereignty.