OpenAI's equity stake plan, Meta the neocloud, and Karp's attack

The useful move in this piece is noticing that OpenAI, Meta and Palantir are all trying on new identities at once, a policy player, a landlord, and a critic, which means the neat categories of who competes with whom are quietly dissolving. A company like Meta selling cloud capacity to rivals only makes sense once you accept that being everyone's supplier can be more profitable than being everyone's enemy. The smart read for anyone tracking this industry is to stop asking who is winning the AI race and start asking who is renting to whom.