The Future of AI

The Future of AI

Computing power rental meets two of the three conditions for becoming a commodity with a futures market (volatility and the presence of natural hedging buyers) and only partially meets the third—standardization—which the Silicon Data Index addresses through a detailed...
From Bybit to Binance: a leap in scale

From Bybit to Binance: a leap in scale

SummaryThe attack on Binance, estimated at around $6.3 billion, is the largest cryptocurrency theft ever recorded: approximately four times that suffered by Bybit in February 2025 (around $1.5 billion; see our In-depth Analysis of 24 February 2025).The two cases share...
Elio and the historic ventures

Elio and the historic ventures

For almost a century, nuclear fusion has been primarily a scientific challenge: proving that it was possible to replicate on Earth the process that powers the stars. Today, the challenge is evolving into one of engineering, industrialisation, capital and the market....